The story of this market
The typical home in ZIP 38967 sells for about $115,232, or $85 per square foot.
Prices are up +2.9% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $723 a month.
ZIP 38967 — Tillatoba
The housing market in 38967 is characterized by slow, steady appreciation and low inventory levels. Prices remain highly affordable relative to national averages, driven by local demand and limited new construction activity.
This ZIP is well-suited for budget-conscious families and local workers seeking affordable housing in a small-town environment, though it offers limited appeal for investors seeking high-growth appreciation.
Median prices moved up 2.9% year over year.
Homes spend a median of 62 days on market with 6.8 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 26.3% — 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 3.9%/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 3.2%/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 38967, Montgomery County MS
The area is served by the Winona-Montgomery Consolidated School District, which generally maintains moderate performance ratings within the state framework.
The region is subject to standard regional risks including severe thunderstorms and occasional flooding; insurance premiums are generally stable but reflect Mississippi's broader exposure to wind and storm events.
Economic momentum is modest, anchored by local manufacturing, agriculture, and public sector employment in Winona and surrounding Montgomery County.
Property taxes are assessed at the county level by Montgomery County; the rate is determined by local millage rates applied to the assessed value of real property, with standard homestead exemptions available for primary residences.
Commuting is primarily car-dependent, with residents utilizing I-55 for regional access to larger employment hubs like Grenada or Jackson.
Local amenities include proximity to outdoor recreation areas, community parks in Winona, and access to regional hunting and fishing spots.
The rental market is characterized by low inventory and steady demand, primarily driven by local workforce needs; vacancy rates remain low due to limited new construction.
The local economy is driven by manufacturing, agriculture, and retail services, with major employers concentrated in the city of Winona.
Transportation is dominated by private vehicle use, with I-55 serving as the primary north-south corridor for the region.
Development is currently focused on small-scale residential infill and local infrastructure maintenance.
The Montgomery County Tax Assessor manages property valuations, typically reassessing parcels periodically to align with market values.
Parcels are subject to county-wide school district taxes and local municipal levies for city services.
Property insurance availability is stable, though premiums are influenced by regional risk factors associated with severe weather in Mississippi.
Mississippi is a non-judicial foreclosure state, allowing for efficient processing of defaults through a trustee sale process.
Mississippi law requires sellers to provide a property condition disclosure statement, though it is limited in scope compared to other states.
Data retrieved from data.census.gov ZCTA 38967 profile.
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.
Central community green space for local events and recreation.
The historic heart of the city featuring local shops and dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.