Abbeville, MS—38601
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Abbeville, MS
As of Oct '25, the median home price in Abbeville, MS is $233,000, with a year-over-year change of 5.4%. This indicates that home prices in Abbeville, MS are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $233,000 | 5.4% |
| Single Family | $234,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $304,000 | 8.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Abbeville, MS
Abbeville, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Abbeville, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Abbeville, MS is 63. This is a decrease of -32.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $425,000 | -37.0% |
Listing Count | 5 | 56.0% |
| Listings as % of Homes | 0.1% | 56.0% |
Days on Market | 63 | -32.0% |
Demographics — Abbeville, MS
As of the latest ACS Survey released in 2023, Abbeville, MS has a population of 2,530, which has increased by 14.0% over the past 5 years. Abbeville, MS is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,530 | 14.0% |
% Under 18 | 15.4% | -29.0% |
% Seniors | 19.5% | 16.1% |
% WFH | 4.1% | 192.9% |
% w/ College Degree | 20.3% | 4.6% |
As of the latest ACS Survey released in 2023, Abbeville, MS is a predominantly white area, with 57.8% of the population identifying as white. The white population has grown by 22.2% in the last 5 years. The second most common race or ethnicity in Abbeville, MS is black, making up 39.3% of the population. Foreign-born residents account for 3.0% of the population in Abbeville, MS, and this percentage has increased by 500.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.8% | 22.2% |
% Black | 39.3% | -18.3% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.9% | ∞% |
% Foreign Born | 3.0% | 500.0% |
Mortgage and Risk — Abbeville, MS
According to HUD data as of 2023, there were 48 mortgage originations in Abbeville, MS, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Abbeville, MS. Investor activity is low, as 10.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 48 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Abbeville, MS
Abbeville, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | N/A | N/A | $1,510 |
Affordability — Abbeville, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $233,000 |
| Median Household Income | $50,600 |