The story of this market
The typical home in ZIP 38748 sells for about $132,500, or $85 per square foot.
Prices are up +30.61% from a year ago, so sellers still have some momentum. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $696 a month.
ZIP 38748 — Hollandale
The housing market in 38748 is experiencing significant downward pressure, driven by a shrinking population and high poverty rates. While listing prices have shown some volatility, the overall trend is one of stagnation, with high months of supply indicating a buyer's market that lacks robust demand.
This area is best suited for local residents and budget-conscious buyers seeking rural or semi-rural living, as the market lacks the infrastructure and amenities typically sought by commuters or high-end investors.
Median prices moved up 30.6% year over year.
Homes spend a median of 78 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.7% · poverty 31.3% — a mixed stability profile.
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 3.8%/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 2.9%/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 38748, Washington County MS
Crime rates in the region remain elevated compared to national averages, with property and violent crime trends showing persistent challenges for the local municipality.
Public schools in the area generally face significant accountability challenges, with most institutions receiving lower-tier performance ratings from state education authorities.
The area is located in a high-risk flood zone due to its proximity to the Mississippi River, necessitating mandatory flood insurance for many residential properties.
Economic momentum is currently constrained by population decline and a reliance on traditional agricultural and manufacturing sectors, with limited new large-scale commercial development.
Property taxes are assessed at the county level by the Washington County Tax Assessor, with millage rates applied to the assessed value; homestead exemptions are available for primary residences.
Commuting is primarily car-dependent, with residents relying on local highways for access to employment hubs in Greenville and surrounding agricultural centers.
Recreational opportunities are centered around Lake Washington, offering fishing and boating, while local parks provide basic community green space.
The rental market is characterized by high vacancy pressure and stagnant rent growth, with a significant portion of the housing stock managed by individual investors.
The local economy is heavily anchored by the agricultural sector, food processing, and regional government services.
Transportation infrastructure is limited to regional highway access, with no significant public transit systems serving the area.
There are no major large-scale commercial or residential developments currently approved or under construction within this ZIP code.
The Washington County Tax Assessor manages property valuations, with assessments typically updated on a cyclical basis.
Parcels are subject to standard county and school district tax levies, with no significant MUD or PID special districts reported.
Property insurance premiums are rising due to flood risk exposure and the overall volatility of the regional insurance market.
Data retrieved from US Census Bureau ZCTA profiles and Washington County economic reports.
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.
A major local landmark providing fishing, boating, and recreational access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.