Sunflower, MS38778

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$80,000
2.0% YoY Growth
Median Household Income
$41,100
43.8% 5-Year Growth
Days on Market
N/A
N/A
Home Price Forecast
-5.7%
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 — Sunflower, MS

Sunflower, MS lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
N/AN/A
Listing Count
N/AN/A
Listings as % of Homes0.2%N/A
Days on Market
N/AN/A
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Demographics — Sunflower, MS

As of the latest ACS Survey released in 2023, Sunflower, MS has a population of 1,450, which has decreased by -5.5% over the past 5 years. Sunflower, MS is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,450-5.5%
% Under 18
22.8%-28.8%
% Seniors
7.0%-26.3%
% WFH
9.2%187.5%
% w/ College Degree
16.8%16.7%
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As of the latest ACS Survey released in 2023, Sunflower, MS is a predominantly black area, with 70.8% of the population identifying as black. The black population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Sunflower, MS is hispanic, making up 15.0% of the population. Foreign-born residents account for 11.6% of the population in Sunflower, MS, and this percentage has increased by 544.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
13.2%-43.8%
% Black
70.8%1.0%
% Hispanic
15.0%134.4%
% Asian
0.0%N/A
% Foreign Born
11.6%544.4%
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Mortgage and Risk — Sunflower, MS

According to HUD data as of 2023, there were 17 mortgage originations in Sunflower, MS, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Sunflower, MS. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
17
% Conventional Loans
88.0%
% Government Loans
12.0%
% Investor Loans
6.0%
% Second Loans
0.0%
% Cash Out Refinance
6.0%

Loan Activity

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Rentals and Section 8 — Sunflower, MS

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

Section 8 Market Size

Total Units under HUD
67
Total Units Section 8
67
% Rentals under Section 8
N/A
% Occupied Section 8
98.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,260
4 BedroomN/AN/A$1,400

Affordability — Sunflower, MS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home Price$80,000
Median Household Income$41,100

Sunflower, MS — ZIP Code Boundary Map

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Frequently Asked Questions