Burnsville, MS 38833 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Burnsville, MS—38833

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$159,000

8.6% YoY Growth

Household Income

$51,900

71.8% YoY Growth

Days on Market

88

52.0% Longer YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Burnsville, MS

Burnsville, MS lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$159,000	8.6%
Single Family	$160,000	7.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Burnsville, MS

Burnsville, 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

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% of Rental Stock

1 Bedroom

27.5%

2 Bedrooms

27.9%

3 Bedrooms

37.3%

4 Bedrooms

7.4%

Property Listings — Burnsville, MS

As of Dec '25, Realtor.com reports that the median days on market for a home in Burnsville, MS is 103. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter 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	$220,000	12.0%
Listing Count	5	-6.0%
Listings as % of Homes	0.4%	-6.0%
Days on Market	88	52.0%

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Demographics — Burnsville, MS

As of the latest ACS Survey released in 2023, Burnsville, MS has a population of 2,450, which has decreased by -9.8% over the past 5 years. Burnsville, MS is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,450	-9.8%
% Under 18	28.2%	-10.5%
% Seniors	19.5%	62.5%
% WFH	0.6%	∞%
% w/ College Degree	13.5%	82.4%

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As of the latest ACS Survey released in 2023, Burnsville, MS is a predominantly white area, with 91.5% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Burnsville, MS is black, making up 0.8% of the population. Foreign-born residents account for 0.0% of the population in Burnsville, MS, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	91.5%	-5.4%
% Black	0.8%	166.7%
% Hispanic	0.0%	-100.0%
% Asian	0.0%	N/A
% Foreign Born	0.0%	-100.0%

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Mortgage and Risk — Burnsville, MS

According to HUD data as of 2023, there were 36 mortgage originations in Burnsville, MS, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Burnsville, MS. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	36
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Burnsville, MS

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

Section 8 Market Size

Total Units under HUD	57
Total Units Section 8	57
% Rentals under Section 8	N/A
% Occupied Section 8	63.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$830
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,240
4 Bedroom	N/A	N/A	$1,250

Burnsville, MS—38833

Key Metrics at a Glance

Home Price Trends — Burnsville, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Burnsville, MS

% of Rental Stock

Property Listings — Burnsville, MS

Demographics — Burnsville, MS

Race and Ethnicity

Mortgage and Risk — Burnsville, MS

Mortgages

Rentals and Section 8 — Burnsville, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Burnsville, MS

Home Price to Income Ratio

Burnsville, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Indian Springs, MS

Iuka, MS

Corinth, MS

Rienzi, MS

Booneville, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$159,000
Median Household Income	$51,900

Burnsville, MS—38833

Key Metrics at a Glance

Home Price Trends — Burnsville, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Burnsville, MS

% of Rental Stock

Property Listings — Burnsville, MS

Demographics — Burnsville, MS

Race and Ethnicity

Mortgage and Risk — Burnsville, MS

Mortgages

Rentals and Section 8 — Burnsville, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Burnsville, MS

Home Price to Income Ratio

Burnsville, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Indian Springs, MS

Iuka, MS

Corinth, MS

Rienzi, MS

Booneville, MS

Frequently Asked Questions

What is the average home price in Burnsville, MS 38833?

How have home prices in Burnsville, MS 38833 changed over the past year?

What is the home price projection for Burnsville, MS 38833?

What are the demographics of Burnsville, MS 38833?

How long does it take homes to sell in Burnsville, MS 38833?

What is the average rent price in Burnsville, MS 38833?