39452, Lucedale, MS

The 39452 zip code of Lucedale, MS has a median home value of $101,000. This is significantly lower than the national median home value of $177,500. The 39452 zip code also has a significantly 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 reason for this discrepancy may be due to the fact that many homes in this zip code are either older or have been in foreclosure. Additionally, many people who live in this area may not have enough money saved up to buy a house outright, so they may be renting instead.

Despite these factors, there is still a significant number of homes in the 39452 zip code that are worth more than their mortgages. This suggests that there is potential for growth in the housing market here over time if people can get access to affordable financing and if the economy continues to improve.