Saltillo, MS—38866
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saltillo, MS
As of Oct '25, the median home price in Saltillo, MS is $230,000, with a year-over-year change of 5.9%. This indicates that home prices in Saltillo, MS are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $230,000 | 5.9% |
| Single Family | $230,000 | 6.0% |
| 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 | $243,000 | 5.2% |
4 Bed | $341,000 | 4.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Saltillo, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Saltillo, MS is 71. This is a increase of 21.0% 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 | $330,000 | 12.0% |
Listing Count | 54 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 71 | 21.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Saltillo, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $230,000 |
| Median Household Income | $70,000 |