The story of this market
The typical home in ZIP 38751 sells for about $190,000, or $85 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $756 a month.
ZIP 38751 — Indianola
The housing market in 38751 is characterized by low inventory and modest price points, reflecting a stable but slow-growth environment. Demand remains steady for affordable single-family homes, though the market is constrained by limited new construction and regional economic factors.
This ZIP is best suited for local workers and families seeking affordable housing options in a small-town Delta environment.
Median prices moved down 2.5% year over year.
Homes spend a median of 92 days on market with 6.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.1% · poverty 28.4% — 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 9.3%/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 5.4%/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 38751, Sunflower County MS
Crime rates in Indianola are higher than the national average, with property crime being the most frequently reported issue in the area.
Public schools in the Sunflower County Consolidated School District generally face significant challenges with performance metrics and resource allocation compared to state averages.
The area is located in the Mississippi Delta, which is prone to seasonal flooding; residents are encouraged to maintain flood insurance coverage.
Economic momentum is modest, with the local economy anchored by agriculture, food processing, and public sector employment.
Property taxes are assessed by Sunflower County based on local millage rates; there are no state-level property taxes, and homestead exemptions are available for primary residences.
Commutes are primarily car-dependent, with most residents working within Indianola or commuting to nearby regional hubs via US-82.
Local amenities include proximity to the B.B. King Museum and Delta Interpretive Center, along with small community parks and local dining options.
The rental market is characterized by high demand for affordable housing, with limited new inventory and steady occupancy rates.
The economy is heavily influenced by the agricultural sector, regional food processing plants, and local government services.
Transportation is dominated by private vehicle use, with US Highway 82 serving as the primary arterial route for the region.
Development is currently focused on small-scale infrastructure maintenance and local community improvement projects.
Sunflower County Tax Assessor manages property valuations, typically reassessing on a periodic cycle to reflect market changes.
Parcels are subject to Sunflower County Consolidated School District taxes and local municipal utility assessments.
Property insurance premiums are influenced by regional flood risk and the age of the housing stock.
Data retrieved from data.census.gov 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.
A major cultural landmark celebrating the life and music of B.B. King.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.