The story of this market
The typical home in ZIP 38771 sells for about $185,000, or $86 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $694 a month.
ZIP 38771 — Ruleville
The housing market in 38771 remains quiet with very low inventory and limited sales activity. Prices are stable, reflecting the broader economic conditions of the Mississippi Delta, where affordability is high but growth is minimal.
This ZIP is best suited for local workers and families seeking affordable, low-cost housing in a rural Mississippi setting.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 days on market with 6.0 months of supply — a slower-moving market.
10% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 19.6% · poverty 33.7% — 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 10.6%/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 4.9%/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 38771, Sunflower County MS
Schools in the area are primarily served by the Sunflower County Consolidated School District, which faces significant regional challenges regarding academic performance and funding.
The area is located in the Mississippi Delta, which is prone to seasonal flooding and requires careful consideration of flood insurance coverage.
Economic momentum is limited, with the local economy heavily reliant on agriculture and public sector employment in Sunflower County.
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 residents traveling to nearby hubs like Indianola or Cleveland for employment.
Recreational opportunities are limited, consisting primarily of local community parks and small-town civic spaces within Ruleville.
The rental market is characterized by low turnover and limited inventory, with rents remaining relatively stagnant due to the local economic profile.
The economy is anchored by agricultural production and local government services within Sunflower County.
Transportation is entirely road-based, with US Highway 49 and local state routes serving as the primary corridors.
There are no major large-scale commercial or residential developments currently reported for this ZIP.
Sunflower County Tax Assessor manages property valuations, typically reassessing on a multi-year cycle.
Parcels are subject to Sunflower County Consolidated School District taxes and local municipal levies.
Property insurance premiums are influenced by regional flood risk and the age of the housing stock.
The region experiences net out-migration as younger residents seek employment opportunities in larger urban centers.
Mississippi is a non-judicial foreclosure state, allowing for relatively expedited processes.
Mississippi has limited mandatory seller disclosure requirements compared to other states.
Data retrieved from Census Reporter and data.census.gov.
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.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.