Nesbit, MS—38651
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Nesbit, MS
As of Oct '25, the median home price in Nesbit, MS is $355,000, with a year-over-year change of 1.4%. This indicates that home prices in Nesbit, MS are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $355,000 | 1.4% |
| Single Family | $355,000 | 1.4% |
| 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 | $309,000 | 1.0% |
4 Bed | $389,000 | 1.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Nesbit, MS
As of July '25, Rentcast reports the average rent in Nesbit, MS is $2,120, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Nesbit, MS is 1-bedrooms: $1,580, 3-bedrooms: $1,990, 4-bedrooms: $2,360. The most common rental property sizes in Nesbit, MS are 3-bedroom and 2-bedroom, accounting for 50.7% and 45.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,010 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,580 | $1,580 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,010 | $1,990 |
| 4 Bed Rent | $2,450 | $2,360 |
% of Rental Stock
Property Listings — Nesbit, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Nesbit, MS is 94. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $400,000 | -2.0% |
Listing Count | 93 | 75.0% |
| Listings as % of Homes | 1.8% | 75.0% |
Days on Market | 94 | 32.0% |
Demographics — Nesbit, MS
As of the latest ACS Survey released in 2023, Nesbit, MS has a population of 8,490, which has increased by 9.6% over the past 5 years. Nesbit, MS is a moderately popular place for families, as children make up 18.7% of the population. The area has a moderately educated workforce, with 26.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,490 | 9.6% |
% Under 18 | 18.7% | -22.7% |
% Seniors | 14.9% | -11.8% |
% WFH | 11.0% | 139.1% |
% w/ College Degree | 26.4% | 20.5% |
As of the latest ACS Survey released in 2023, Nesbit, MS is a predominantly white area, with 66.1% of the population identifying as white. The white population has shrunk by 14.3% in the last 5 years. The second most common race or ethnicity in Nesbit, MS is black, making up 19.6% of the population. Foreign-born residents account for 7.6% of the population in Nesbit, MS, and this percentage has increased by 660.0% 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 | 66.1% | -14.3% |
% Black | 19.6% | 1.0% |
% Hispanic | 12.2% | 2,340.0% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 7.6% | 660.0% |
Mortgage and Risk — Nesbit, MS
Nesbit, MS lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Nesbit, MS
Nesbit, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | -$190 | $1,580 | $1,390 |
| 2 Bedroom | N/A | N/A | $1,560 |
| 3 Bedroom | $50 | $2,010 | $2,060 |
| 4 Bedroom | -$40 | $2,450 | $2,410 |
Affordability — Nesbit, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $355,000 |
| Median Household Income | $96,700 |