The story of this market
The typical home in ZIP 38801 sells for about $272,400, or $135 per square foot.
Prices are up +14.72% from a year ago, so sellers still have some momentum. Homes take about 74 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $996 a month.
ZIP 38801 — Tupelo
The 38801 housing market shows strong demand with a 14.72% year-over-year price increase and a median listing price of $272.4K. While inventory remains available, the market is experiencing upward price pressure, reflecting the area's role as a key economic hub in northeast Mississippi.
This ZIP is well-suited for families and local workers seeking a balance of suburban living and access to the regional employment hub of Tupelo.
Median prices moved up 14.7% year over year.
Homes spend a median of 74 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 15.0% — a stable, low-distress profile.
ZCTA 38801, Lee County MS
Tupelo serves as a regional economic hub for northeast Mississippi with a diverse mix of manufacturing, healthcare, and retail sectors.
The mean travel time to work for residents is approximately 18 minutes, reflecting the area's accessibility to local employment centers.
The area features local parks and community spaces, with proximity to regional shopping and dining districts in Tupelo.
The rental market is characterized by a median rent of $1,250, with a mix of single-family homes and apartment units available.
Tupelo's economy is anchored by manufacturing, healthcare, and retail, serving as a primary commercial center for the region.
Data retrieved from Census Reporter and United States Zip Codes.
The central commercial and entertainment district of the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.