Guntown, MS—38849
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Guntown, MS
As of Oct '25, the median home price in Guntown, MS is $196,000, with a year-over-year change of 5.9%. This indicates that home prices in Guntown, MS are increasing. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $196,000 | 5.9% |
| Single Family | $196,000 | 5.9% |
| 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 | $223,000 | 5.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Guntown, MS
As of July '25, Rentcast reports the average rent in Guntown, MS is $1,400, with a year-over-year rent change of 75.2%. Per bedroom, the median rent as of July '25 in Guntown, MS is 3-bedrooms: $1,400. The most common rental property sizes in Guntown, MS are 3-bedroom and 2-bedroom, accounting for 51.1% and 22.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Guntown, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Guntown, MS is 33. This is a increase of 122.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $285,000 | 20.0% |
Listing Count | 23 | -23.0% |
| Listings as % of Homes | 0.5% | -23.0% |
Days on Market | 33 | 122.0% |
Demographics — Guntown, MS
As of the latest ACS Survey released in 2023, Guntown, MS has a population of 5,870, which has decreased by -8.4% over the past 5 years. Guntown, MS is a popular place for families, as children make up 30.4% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,870 | -8.4% |
% Under 18 | 30.4% | 11.4% |
% Seniors | 15.8% | 45.0% |
% WFH | 2.0% | 150.0% |
% w/ College Degree | 24.9% | 55.6% |
As of the latest ACS Survey released in 2023, Guntown, MS is a predominantly white area, with 81.0% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Guntown, MS is black, making up 13.9% of the population. Foreign-born residents account for 0.5% of the population in Guntown, MS, and this percentage has decreased by 58.3% 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 | 81.0% | -1.1% |
% Black | 13.9% | 12.1% |
% Hispanic | 3.0% | -18.9% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 0.5% | -58.3% |
Mortgage and Risk — Guntown, MS
According to HUD data as of 2023, there were 95 mortgage originations in Guntown, MS, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Guntown, MS. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Guntown, MS
Guntown, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 81 |
Total Units Section 8 | 81 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $940 |
| 2 Bedroom | N/A | N/A | $1,100 |
| 3 Bedroom | -$10 | $1,400 | $1,390 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — Guntown, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $196,000 |
| Median Household Income | $72,000 |