The story of this market
The typical home in ZIP 39422 sells for about $174,945, or $85 per square foot.
Prices are down 25% from a year ago, which gives buyers more room to negotiate. Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $615 a month.
ZIP 39422 — Bay Springs
The housing market in 39422 is characterized by low transaction volume and high affordability, with a median home value significantly below the national average. The market is stable but stagnant, with minimal new construction and a high vacancy rate reflecting its rural nature. Prices have seen volatility, but the overall trend remains consistent with a slow-growth, rural Mississippi economy.
This ZIP is best suited for budget-conscious buyers, retirees, or those seeking a quiet, rural lifestyle in an established community with low housing costs.
Median prices moved down 25.0% year over year.
Homes spend a median of 98 days on market with 14.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.7% · poverty 6.7% — a stable, low-distress 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 0.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39422, Jasper County MS
The area is served by the Jasper County School District, which provides public education for the region.
The area is subject to standard regional climate risks including severe thunderstorms and potential wind damage; insurance availability is typical for rural Mississippi.
Economic momentum is limited with minimal new residential construction reported; the area remains a rural, established community.
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.
The area is rural, requiring personal vehicle travel for all commutes; major employment centers are located in larger regional hubs like Laurel or Meridian.
Recreation is primarily rural-focused, including access to local county roads for outdoor activities and proximity to regional lakes and parks in Jasper County.
The rental market is characterized by low inventory and modest rent levels, with a significant portion of the housing stock consisting of older, established units.
The local economy is primarily driven by agriculture, forestry, and local government services within Jasper County.
Transportation is entirely dependent on personal vehicle use via state highways and county roads; no public transit infrastructure exists.
There are no major large-scale commercial or residential developments currently approved or under construction in this ZIP.
The Jasper County Tax Assessor manages property valuations for the county, following state guidelines for agricultural and residential assessments.
Parcels are subject to Jasper County School District taxes and standard county-level service districts.
Property insurance premiums are influenced by regional wind and storm exposure common to central Mississippi.
Data retrieved from U.S. Census Bureau ACS 2023 5-year estimates for ZCTA 39422.
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.
Historic anchor in the center of Bay Springs.
Small community-focused outdoor spaces.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.