Pontotoc, MS—38863
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pontotoc, MS
As of Oct '25, the median home price in Pontotoc, MS is $186,000, with a year-over-year change of 2.7%. This indicates that home prices in Pontotoc, MS are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $186,000 | 2.7% |
| Single Family | $186,000 | 2.2% |
| 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 | $239,000 | 4.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pontotoc, MS
As of July '25, Rentcast reports the average rent in Pontotoc, MS is $600, with a year-over-year rent change of -40.0%. Per bedroom, the median rent as of July '25 in Pontotoc, MS is 4-bedrooms: $600. The most common rental property sizes in Pontotoc, MS are 3-bedroom and 2-bedroom, accounting for 48.3% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $600 | $600 |
| 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 | $600 | $600 |
% of Rental Stock
Property Listings — Pontotoc, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Pontotoc, MS is 64. This is a increase of 5.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $232,000 | -7.0% |
Listing Count | 40 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 64 | 5.0% |
Demographics — Pontotoc, MS
As of the latest ACS Survey released in 2023, Pontotoc, MS has a population of 18,800, which has decreased by -10.7% over the past 5 years. Pontotoc, MS is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | -10.7% |
% Under 18 | 26.7% | -2.2% |
% Seniors | 15.6% | 15.6% |
% WFH | 1.7% | 88.9% |
% w/ College Degree | 19.1% | 10.4% |
As of the latest ACS Survey released in 2023, Pontotoc, MS is a predominantly white area, with 72.1% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Pontotoc, MS is black, making up 16.8% of the population. Foreign-born residents account for 3.2% of the population in Pontotoc, MS, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.1% | -5.5% |
% Black | 16.8% | 6.3% |
% Hispanic | 7.0% | -6.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.2% | 0.0% |
Mortgage and Risk — Pontotoc, MS
According to HUD data as of 2023, there were 237 mortgage originations in Pontotoc, MS, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Pontotoc, MS. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 237 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Pontotoc, MS
Pontotoc, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 198 |
Total Units Section 8 | 118 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 78.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,370 |
| 4 Bedroom | $910 | $600 | $1,510 |
Affordability — Pontotoc, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $186,000 |
| Median Household Income | $51,100 |