38631Friars Point, MS Housing Market

Leaning buyer's

$194,900median sale price

The 38631 zip code, located in Friars Point, MS, is currently classified as a leaning buyer's. The median sale price stands at $194,900. Homes in this area spend an average of 844 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 38631 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

1

Last 12 weeks

Days on market

844

Average pace

Active listings

Sale-to-list

Below asking

Market analysis for 38631

The 38631 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, market dynamics influence how quickly homes sell and at what price relative to their listing.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 38631 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

Community profile

Population

1,275

Median income

$27,083/yr

Median age

32.3 years

Owner-occupied

52.2%

College grads

8.9%

Living in 38631

Zip code 38631 is home to approximately 1,275 residents. The median household income is $27,083 per year, which shapes the types of homes and amenities available in the area. With a median age of 32.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 52.2% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.

About 8.9% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 38631.

Frequently asked questions about 38631

What is the median home price in 38631?

The current median sale price in 38631 is $194,900, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 38631 a buyer's or seller's market?

The 38631 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 38631?

Zip code 38631 has a population of approximately 1,275 residents. The median household income is $27,083 per year. About 52.2% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 38631?

Properties Incorporated provides comprehensive data for 38631 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 38631 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.

Get zip code 38631 market alerts

Weekly updates on prices, inventory, and trends. Free forever.

Partner

Buying a home? Your credit score matters.

A higher credit score means a lower mortgage rate — saving you tens of thousands over the life of your loan. Score Pros helps you understand, repair, and improve your credit before you apply.

Get a free clarity session