Indian Springs, MS38846

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$245,000
N/A
Median Household Income
$60,000
29.6% 5-Year Growth
Days on Market
113
10.0% Longer than last year
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 — Indian Springs, MS

As of Oct '25, Realtor.com reports that the median days on market for a home in Indian Springs, MS is 113. This is a increase of 10.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$245,0000.0%
Listing Count
690.0%
Listings as % of HomesN/A90.0%
Days on Market
11310.0%
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Demographics — Indian Springs, MS

As of the latest ACS Survey released in 2023, Indian Springs, MS has a population of 2,070, which has decreased by -20.3% over the past 5 years. Indian Springs, MS is a popular place for families, as children make up 27.0% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,070-20.3%
% Under 18
27.0%0.4%
% Seniors
14.3%-24.7%
% WFH
1.6%14.3%
% w/ College Degree
15.9%133.8%
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As of the latest ACS Survey released in 2023, Indian Springs, MS is a predominantly white area, with 96.4% of the population identifying as white. The white population has grown by 3.3% in the last 5 years. The second most common race or ethnicity in Indian Springs, MS is hispanic, making up 3.0% of the population. Foreign-born residents account for 1.1% of the population in Indian Springs, MS, and this percentage has increased by 1000.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
96.4%3.3%
% Black
0.0%N/A
% Hispanic
3.0%-33.3%
% Asian
0.2%100.0%
% Foreign Born
1.1%1,000.0%
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Mortgage and Risk — Indian Springs, MS

According to HUD data as of 2023, there were 38 mortgage originations in Indian Springs, MS, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Indian Springs, MS. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
38
% Conventional Loans
71.0%
% Government Loans
29.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
5.0%

Loan Activity

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Rentals and Section 8 — Indian Springs, MS

Indian Springs, MS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
3
Total Units Section 8
2
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$820
2 BedroomN/AN/A$950
3 BedroomN/AN/A$1,300
4 BedroomN/AN/A$1,300

Affordability — Indian Springs, MS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$60,000

Indian Springs, MS — ZIP Code Boundary Map

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Frequently Asked Questions