Tibbs, MS38670

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$399,000
N/A
Median Household Income
$45,000
24.1% 5-Year Growth
Days on Market
72
N/A
Home Price Forecast
N/A
Median 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

Property Listings — Tibbs, MS

Tibbs, MS lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$399,000N/A
Listing Count
1N/A
Listings as % of HomesN/AN/A
Days on Market
72N/A
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Demographics — Tibbs, MS

As of the latest ACS Survey released in 2023, Tibbs, MS has a population of 1,070, which has increased by 31.6% over the past 5 years. Tibbs, MS is a moderately popular place for families, as children make up 20.9% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,07031.6%
% Under 18
20.9%-7.5%
% Seniors
15.1%22.8%
% WFH
0.0%-100.0%
% w/ College Degree
26.7%164.4%
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Tibbs, MS lacks sufficient race and ethnicity data for analysis.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
5.5%-54.5%
% Black
93.5%7.1%
% Hispanic
0.1%-83.3%
% Asian
0.0%N/A
% Foreign Born
0.0%N/A
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Mortgage and Risk — Tibbs, MS

According to HUD data as of 2023, there were 5 mortgage originations in Tibbs, MS, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Tibbs, MS. Investor activity is high, as 40.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
5
% Conventional Loans
100.0%
% Government Loans
0.0%
% Investor Loans
40.0%
% Second Loans
0.0%
% Cash Out Refinance
0.0%

Loan Activity

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Rentals and Section 8 — Tibbs, MS

Tibbs, MS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
4
Total Units Section 8
4
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$920
2 BedroomN/AN/A$1,080
3 BedroomN/AN/A$1,450
4 BedroomN/AN/A$1,740

Affordability — Tibbs, MS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$45,000

Tibbs, MS — ZIP Code Boundary Map

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Frequently Asked Questions