39406, Hattiesburg, MS

The 39406 zip code of Hattiesburg, MS has a median home value of $111,500. This is significantly lower than the national median home value of $177,500. The 39406 zip code also has a lower home equity percentage than the national average of 63%. This indicates that there are more homes in this zip code that are worth less than their mortgages.

The 39406 zip code is also experiencing a decline in home prices. Between 2010 and 2016, the median home price decreased by 10%. This decrease is likely due to several factors including low demand and increased competition from other areas in Mississippi.

Despite these challenges, there are still many homeowners in the 39406 zip code who are benefiting from historically low interest rates and rising home values. If you are considering buying or selling a home in this area, it is important to consult with an experienced real estate agent to ensure you get the best possible deal.