The story of this market
The typical home in ZIP 39342 sells for about $267,000, or $135 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,074 a month.
ZIP 39342 — Marion
The housing market in 39342 remains stable with modest price appreciation and low inventory levels. Demand is supported by local employment in Meridian, though limited new construction keeps the market tight for buyers.
This ZIP is well-suited for families and local workers seeking a suburban lifestyle with proximity to Meridian's amenities while maintaining a lower cost of living.
Median prices moved up 2.5% year over year.
Homes spend a median of 26 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.0% · poverty 23.5% — 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 7.0%/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 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 39342, Lauderdale County MS
Crime rates in Marion are generally lower than the national average, with property crime being the primary concern in the broader Lauderdale County area.
Schools serving the area are part of the Lauderdale County School District, which maintains a moderate performance rating compared to state averages.
The area is subject to standard regional risks including severe thunderstorms and occasional high winds, with flood risk concentrated in specific low-lying zones near local creeks.
Economic momentum is driven by proximity to Meridian's industrial and healthcare sectors, with steady residential development occurring on the outskirts of the town.
Property taxes are assessed by Lauderdale County based on millage rates that fund local schools, county services, and municipal operations; homestead exemptions are available for primary residences.
Residents primarily commute by car to Meridian, which serves as the regional employment and commercial hub, typically via US-45.
The area offers access to local community parks and is within a short drive of Bonita Lakes Park, which provides extensive trails, fishing, and outdoor recreation.
The rental market is characterized by low vacancy rates and steady demand from local workers, with limited new multi-family inventory entering the market.
The economy is anchored by healthcare, education, and government services in nearby Meridian, with a mix of small-scale retail and manufacturing.
Transportation is heavily reliant on private vehicles, with US-45 and I-20/I-59 providing the primary regional connectivity.
Development is focused on low-density residential expansion and small commercial infill projects along the main thoroughfares.
The Lauderdale County Tax Assessor manages property valuations, with assessments typically updated periodically to reflect market value changes.
Parcels are subject to Lauderdale County school taxes and various municipal utility district fees for water and sewer services.
Property insurance premiums are influenced by regional wind and hail risk, with standard coverage widely available through major carriers.
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.
- Weidmann's | Southern4.65 mi
- Mississippi Children's Museum - Meridian4.85 mi
- MSU Riley Center4.75 mi
- Brickhaus Brewtique4.25 mi
- Temple Theater for the Performing Arts4.45 mi
- Bonita Lakes Park4.64.1 mi
- Mississippi Arts + Entertainment Experience (The MAX)4.85 mi
- Golden Ticket Cinemas Meridian 93.64.6 mi
- Event Zona - Meridian4.13.5 mi
- Highland Park45.3 mi
- Bonita Lakes Park4.64.1 mi
- Highland Park45.3 mi
- Uptown Meridian3.84.4 mi
- Ross Dress for Less4.44.1 mi
- T.J. Maxx4.44 mi
- Dillard's4.24.5 mi
- Belk4.14.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Large regional park featuring lakes, hiking trails, and picnic areas.
Local retail and dining hub serving the immediate community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.