38664Tunica Resorts, MS Housing Market
$175,000median sale price
The 38664 zip code, located in Tunica Resorts, MS, is currently classified as a balanced market. The median sale price stands at $175,000, representing a -19.5% change year over year. Homes in this area spend an average of 120 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 38664 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
120
Average pace
Active listings
—
Sale-to-list
102.9%
Above asking
Market trends
Market analysis for 38664
The 38664 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 102.9% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 38664 have declined -19.5% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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.
The Zillow Home Value Index (ZHVI) for 38664 stands at $197,669, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
3,292
Median income
$45,133/yr
Median age
28 years
Owner-occupied
11.1%
College grads
13.9%
Living in 38664
Zip code 38664 is home to approximately 3,292 residents. The median household income is $45,133 per year, which shapes the types of homes and amenities available in the area. With a median age of 28 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 11.1% 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 13.9% 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 38664.
Frequently asked questions about 38664
What is the median home price in 38664?
The current median sale price in 38664 is $175,000, based on recent Redfin transaction data. Prices have changed -19.5% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 38664 a buyer's or seller's market?
The 38664 zip code is currently classified as a balanced market. 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 38664?
Zip code 38664 has a population of approximately 3,292 residents. The median household income is $45,133 per year. About 11.1% 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 38664?
Properties Incorporated provides comprehensive data for 38664 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 38664 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.
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