New Houlka, MS38850

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$142,000
7.7% YoY Growth
Median Household Income
$46,000
15.5% 5-Year Growth
Days on Market
98
159.0% 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 — New Houlka, MS

As of Oct '25, Realtor.com reports that the median days on market for a home in New Houlka, MS is 98. This is a increase of 159.0% 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
$176,00038.0%
Listing Count
3100.0%
Listings as % of Homes0.1%100.0%
Days on Market
98159.0%
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Demographics — New Houlka, MS

As of the latest ACS Survey released in 2023, New Houlka, MS has a population of 3,110, which has increased by 9.4% over the past 5 years. New Houlka, MS is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,1109.4%
% Under 18
26.8%12.6%
% Seniors
16.6%-2.4%
% WFH
1.4%-17.6%
% w/ College Degree
10.3%45.1%
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As of the latest ACS Survey released in 2023, New Houlka, MS is a predominantly white area, with 63.2% of the population identifying as white. The white population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in New Houlka, MS is black, making up 29.7% of the population. Foreign-born residents account for 0.7% of the population in New Houlka, MS, and this percentage has decreased by 68.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
63.2%-0.2%
% Black
29.7%-8.9%
% Hispanic
5.7%96.6%
% Asian
0.4%∞%
% Foreign Born
0.7%-68.2%
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Mortgage and Risk — New Houlka, MS

According to HUD data as of 2023, there were 26 mortgage originations in New Houlka, MS, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in New Houlka, MS. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
26
% Conventional Loans
77.0%
% Government Loans
23.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — New Houlka, MS

New Houlka, MS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
43
Total Units Section 8
43
% Rentals under Section 8
N/A
% Occupied Section 8
79.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$740
2 BedroomN/AN/A$930
3 BedroomN/AN/A$1,240
4 BedroomN/AN/A$1,520

Affordability — New Houlka, MS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.9
Median Home Price$142,000
Median Household Income$46,000

New Houlka, MS — ZIP Code Boundary Map

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Frequently Asked Questions