Moorhead, MS—38761
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Moorhead, MS
As of Oct '25, the median home price in Moorhead, MS is $78,000, with a year-over-year change of -6.0%. This indicates that home prices in Moorhead, MS are decreasing. According to Zillow, the 1-year price projection is -7.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $78,000 | -6.0% |
| Single Family | $78,000 | -8.2% |
| 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 | $86,000 | -9.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Moorhead, MS
Moorhead, 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 — Moorhead, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Moorhead, MS is 189. This is a increase of 109.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $50,300 | -26.0% |
Listing Count | 4 | 100.0% |
| Listings as % of Homes | 0.1% | 100.0% |
Days on Market | 189 | 109.0% |
Demographics — Moorhead, MS
As of the latest ACS Survey released in 2023, Moorhead, MS has a population of 1,920, which has decreased by -25.6% over the past 5 years. Moorhead, MS is a moderately popular place for families, as children make up 20.2% of the population. The area has a poorly educated workforce, with 19.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,920 | -25.6% |
% Under 18 | 20.2% | -37.8% |
% Seniors | 14.1% | 51.6% |
% WFH | 4.8% | ∞% |
% w/ College Degree | 19.2% | 32.4% |
As of the latest ACS Survey released in 2023, Moorhead, MS is a predominantly black area, with 80.6% of the population identifying as black. The black population has grown by 10.1% in the last 5 years. The second most common race or ethnicity in Moorhead, MS is white, making up 14.4% of the population. Foreign-born residents account for 2.6% of the population in Moorhead, MS, and this percentage has increased by 18.2% 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 | 14.4% | -34.8% |
% Black | 80.6% | 10.1% |
% Hispanic | 4.5% | 2.3% |
% Asian | 0.5% | ∞% |
% Foreign Born | 2.6% | 18.2% |
Mortgage and Risk — Moorhead, MS
According to HUD data as of 2023, there were 13 mortgage originations in Moorhead, MS, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Moorhead, MS. Investor activity is low, as 8.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 13 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Moorhead, MS
Moorhead, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 101 |
Total Units Section 8 | 101 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 98.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Moorhead, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $78,000 |
| Median Household Income | $35,700 |