Saltillo, MS 38866 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Saltillo, MS—38866

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$231,000

5.8% YoY Growth

Household Income

$70,000

11.2% YoY Growth

Days on Market

11.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

$725

30.7% YoY Growth

1-Bed Rent

$725

4.3% YoY Growth

2-Bed Rent

$1,100

14.1% YoY Growth

3-Bed Rent

$1,800

20.4% YoY Growth

Home Price Trends — Saltillo, MS

As of Dec '25, the median home price in Saltillo, MS is $231,000, with a year-over-year change of 5.8%. This indicates that home prices in Saltillo, MS are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$231,000	5.8%
Single Family	$231,000	6.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Saltillo, MS

As of July '25, Rentcast reports the average rent in Saltillo, MS is $1,040, with a year-over-year rent change of -30.7%. Per bedroom, the median rent as of July '25 in Saltillo, MS is 1-bedrooms: $725, 2-bedrooms: $1,100, 3-bedrooms: $2,300. The most common rental property sizes in Saltillo, MS are 3-bedroom and 2-bedroom, accounting for 56.6% and 16.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$725	$1,040
Studio Rent	N/A	N/A
1 Bed Rent	$725	$725
2 Bed Rent	$1,100	$1,100
3 Bed Rent	$1,800	$2,300
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

10.6%

1 Bedroom

9.4%

2 Bedrooms

16.6%

3 Bedrooms

56.6%

4 Bedrooms

6.9%

Property Listings — Saltillo, MS

As of Dec '25, Realtor.com reports that the median days on market for a home in Saltillo, MS is 53. This is a increase of 19.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$342,000	8.0%
Listing Count	61	4.0%
Listings as % of Homes	0.7%	4.0%
Days on Market	61	11.0%

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Demographics — Saltillo, MS

As of the latest ACS Survey released in 2023, Saltillo, MS has a population of 11,700, which has remained stable by 0.8% over the past 5 years. Saltillo, MS is a moderately popular place for families, as children make up 22.7% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	11,700	0.8%
% Under 18	22.7%	-7.0%
% Seniors	16.0%	24.0%
% WFH	9.3%	481.2%
% w/ College Degree	28.3%	11.9%

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As of the latest ACS Survey released in 2023, Saltillo, MS is a predominantly white area, with 86.2% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Saltillo, MS is black, making up 8.5% of the population. Foreign-born residents account for 2.5% of the population in Saltillo, MS, and this percentage has increased by 127.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	86.2%	-0.8%
% Black	8.5%	46.6%
% Hispanic	1.3%	-61.8%
% Asian	2.4%	4.3%
% Foreign Born	2.5%	127.3%

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Mortgage and Risk — Saltillo, MS

According to HUD data as of 2023, there were 252 mortgage originations in Saltillo, MS, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Saltillo, MS. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	252
% Conventional Loans	74.0%
% Government Loans	26.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Saltillo, MS

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

Section 8 Market Size

Total Units under HUD	148
Total Units Section 8	148
% Rentals under Section 8	N/A
% Occupied Section 8	85.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$245	$725	$970
2 Bedroom	$50	$1,100	$1,150
3 Bedroom	-$350	$1,800	$1,450
4 Bedroom	N/A	N/A	$1,520

Saltillo, MS—38866

Key Metrics at a Glance

Home Price Trends — Saltillo, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saltillo, MS

% of Rental Stock

Property Listings — Saltillo, MS

Demographics — Saltillo, MS

Race and Ethnicity

Mortgage and Risk — Saltillo, MS

Mortgages

Rentals and Section 8 — Saltillo, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Saltillo, MS

Home Price to Income Ratio

Saltillo, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Tupelo, MS

Guntown, MS

Mooreville, MS

Sherman

Baldwyn, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$231,000
Median Household Income	$70,000

Saltillo, MS—38866

Key Metrics at a Glance

Home Price Trends — Saltillo, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Saltillo, MS

% of Rental Stock

Property Listings — Saltillo, MS

Demographics — Saltillo, MS

Race and Ethnicity

Mortgage and Risk — Saltillo, MS

Mortgages

Rentals and Section 8 — Saltillo, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Saltillo, MS

Home Price to Income Ratio

Saltillo, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Tupelo, MS

Guntown, MS

Mooreville, MS

Sherman

Baldwyn, MS

Frequently Asked Questions

What is the average home price in Saltillo, MS 38866?

How have home prices in Saltillo, MS 38866 changed over the past year?

What is the home price projection for Saltillo, MS 38866?

What are the demographics of Saltillo, MS 38866?

How long does it take homes to sell in Saltillo, MS 38866?

What is the average rent price in Saltillo, MS 38866?