The story of this market
The typical home in ZIP 39114 sells for about $239,779, or $116 per square foot.
Prices are up +34.7% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 39114 — Mendenhall
The housing market in 39114 shows significant year-over-year price appreciation, though transaction volumes remain modest. The area maintains a high owner-occupancy rate and stable middle-class demographics, driven by local employment and affordability relative to larger metros. Some metrics, such as specific active listing counts and detailed tax history, are estimated or derived from regional trends due to limited granular reporting.
This ZIP is best suited for families and long-term residents seeking affordable, established single-family housing in a rural-suburban Mississippi setting.
Median prices moved up 34.7% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 19.8% — 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 4.4%/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 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39114, Simpson County MS
Schools in the Mendenhall area are primarily served by the Simpson County School District, which maintains standard state-level accountability ratings.
The area is subject to standard Mississippi flood and wind hazard risks; property insurance premiums are influenced by regional severe weather exposure.
Economic momentum is driven by local government, education, and small-scale retail sectors in Mendenhall, with limited large-scale industrial development reported.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Mississippi) — Ad Valorem Property Tax: Formula: (True Value × Assessment Ratio) × Millage Rate = Taxes. Class I (single-family owner-occupied) is assessed at a 10% ratio. Homestead exemptions for homeowners over 65 or disabled provide an exemption on the first $7,500 of assessed value.
Commuting is primarily car-dependent, with residents typically driving to employment hubs in the Jackson metropolitan area via US-49.
Local recreation includes community parks and proximity to rural outdoor activities; shopping and dining are concentrated in the Mendenhall city center.
The rental market is characterized by low-density single-family housing with limited multi-family inventory; rents are influenced by HUD Fair Market Rent standards.
The local economy is anchored by public sector employment, education, and agriculture-related services within Simpson County.
Transportation is dominated by private vehicle use; US-49 serves as the primary arterial corridor connecting the area to regional employment centers.
Development is primarily focused on small-scale residential infill and local commercial improvements.
The Simpson County Tax Assessor manages property valuations based on periodic reappraisals to ensure equitable distribution of the tax burden.
Parcels are subject to Simpson County School District taxes and standard county-wide utility and emergency service district levies.
Property insurance markets are stable but sensitive to regional weather-related claims, particularly wind and storm damage.
Data retrieved from U.S. Census Bureau ACS 5-year estimates for ZCTA 39114.
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. Source: NCES EDGE public school locations 2023-24.
Local community park providing green space and recreational facilities.
Central hub for local government and community events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.