Baldwyn, MS—38824
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Baldwyn, MS
As of Oct '25, the median home price in Baldwyn, MS is $146,000, with a year-over-year change of -0.4%. This indicates that home prices in Baldwyn, MS are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $146,000 | -0.4% |
| Single Family | $147,000 | 0.0% |
| 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 | $190,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Baldwyn, MS
As of July '25, Rentcast reports the average rent in Baldwyn, MS is $1,180, with a year-over-year rent change of 2.6%. Per bedroom, the median rent as of July '25 in Baldwyn, MS is 2-bedrooms: $875, 3-bedrooms: $1,480. The most common rental property sizes in Baldwyn, MS are 3-bedroom and 2-bedroom, accounting for 37.5% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $875 | $875 |
| 3 Bed Rent | $1,480 | $1,480 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Baldwyn, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Baldwyn, MS is 58. This is a increase of 108.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | 11.0% |
Listing Count | 12 | -15.0% |
| Listings as % of Homes | 0.3% | -15.0% |
Days on Market | 58 | 108.0% |
Demographics — Baldwyn, MS
As of the latest ACS Survey released in 2023, Baldwyn, MS has a population of 7,900, which has increased by 6.7% over the past 5 years. Baldwyn, MS is a popular place for families, as children make up 26.5% of the population. The area has a poorly educated workforce, with 13.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,900 | 6.7% |
% Under 18 | 26.5% | 42.5% |
% Seniors | 16.7% | -14.8% |
% WFH | 5.7% | 216.7% |
% w/ College Degree | 13.2% | 4.8% |
As of the latest ACS Survey released in 2023, Baldwyn, MS is a predominantly white area, with 69.5% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Baldwyn, MS is black, making up 19.8% of the population. Foreign-born residents account for 1.6% of the population in Baldwyn, MS, and this percentage has increased by 45.5% 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 | 69.5% | -2.1% |
% Black | 19.8% | -19.8% |
% Hispanic | 1.6% | -11.1% |
% Asian | 1.4% | 180.0% |
% Foreign Born | 1.6% | 45.5% |
Mortgage and Risk — Baldwyn, MS
According to HUD data as of 2023, there were 64 mortgage originations in Baldwyn, MS, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Baldwyn, MS. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Baldwyn, MS
Baldwyn, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 154 |
Total Units Section 8 | 89 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 68.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | $75 | $875 | $950 |
| 3 Bedroom | -$290 | $1,480 | $1,190 |
| 4 Bedroom | N/A | N/A | $1,340 |
Affordability — Baldwyn, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $146,000 |
| Median Household Income | $46,800 |