The story of this market
The typical home in ZIP 38737 sells for about $60,000, or $48 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $709 a month.
ZIP 38737 — Drew
The housing market in 38737 is characterized by low price points and limited inventory, reflecting the broader economic stagnation in the Mississippi Delta. Sales volume is minimal, and the market remains heavily dependent on local demand rather than external investment. High poverty rates and limited job growth continue to suppress upward pressure on home values.
This ZIP is best suited for local workers and budget-conscious buyers seeking low-cost housing in a rural agricultural setting.
Median prices moved down 2.5% year over year.
Homes spend a median of 120 days on market with 7.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.4% · poverty 39.2% — elevated distress and economic pressure.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 1.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 38737, Bolivar County MS
The area is served by the Sunflower County Consolidated School District, which faces significant regional challenges regarding academic performance and funding.
The region is located in the Mississippi Delta, which is subject to significant flood risks and requires specialized insurance coverage.
Economic momentum is limited, with the local economy primarily driven by agriculture and public sector employment.
Property taxes are assessed at the county level by Bolivar County; rates are relatively low compared to national averages, reflecting the lower property value base.
Commuting is primarily car-dependent, with residents traveling to nearby regional hubs like Cleveland or Greenville for employment.
Recreational opportunities are limited, consisting primarily of local community parks and proximity to rural outdoor spaces.
The rental market is characterized by low turnover and high demand for affordable housing, with limited new inventory entering the market.
The economy is heavily reliant on the agricultural sector, including cotton and soybean production, alongside local government and education services.
Transportation infrastructure is limited to state highways; there is no public transit system serving the area.
There are no major commercial or residential developments currently approved or under construction in the ZIP.
Bolivar County Tax Assessor manages property valuations, which are generally updated on a multi-year cycle.
Parcels are subject to Sunflower County Consolidated School District taxes and standard county-level levies.
Property insurance premiums are influenced by the area's flood zone designation and rural location, often requiring specialized policies.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community green space for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.