North Carrollton, MS 38917 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

North Carrollton, MS—38917

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$183,000

8.2% YoY Growth

Household Income

$67,800

58.9% YoY Growth

Days on Market

15.0% Shorter YoY

Home Price Forecast

-3.6%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — North Carrollton, MS

As of Dec '25, the median home price in North Carrollton, MS is $183,000, with a year-over-year change of -8.2%. This indicates that home prices in North Carrollton, MS are decreasing. According to Zillow, the 1-year price projection is -3.6%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$183,000	-8.2%
Single Family	$183,000	-9.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Carrollton, MS

North Carrollton, MS lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
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	N/A	N/A

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% of Rental Stock

1 Bedroom

10.8%

2 Bedrooms

13.5%

3 Bedrooms

59.1%

4 Bedrooms

16.5%

Property Listings — North Carrollton, MS

As of Dec '25, Realtor.com reports that the median days on market for a home in North Carrollton, MS is 78. This is a decrease of -28.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$310,000	-45.0%
Listing Count	17	153.0%
Listings as % of Homes	0.3%	153.0%
Days on Market	57	-15.0%

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Demographics — North Carrollton, MS

As of the latest ACS Survey released in 2023, North Carrollton, MS has a population of 3,060, which has decreased by -6.3% over the past 5 years. North Carrollton, MS is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,060	-6.3%
% Under 18	18.8%	15.3%
% Seniors	27.0%	-2.5%
% WFH	1.5%	150.0%
% w/ College Degree	21.5%	30.3%

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As of the latest ACS Survey released in 2023, North Carrollton, MS is a predominantly white area, with 72.6% of the population identifying as white. The white population has grown by 6.5% in the last 5 years. The second most common race or ethnicity in North Carrollton, MS is black, making up 26.3% of the population. Foreign-born residents account for 1.7% of the population in North Carrollton, MS, and this percentage has increased by Inf% 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	72.6%	6.5%
% Black	26.3%	-16.0%
% Hispanic	0.0%	N/A
% Asian	0.7%	∞%
% Foreign Born	1.7%	∞%

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Mortgage and Risk — North Carrollton, MS

According to HUD data as of 2023, there were 37 mortgage originations in North Carrollton, MS, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in North Carrollton, MS. Investor activity is low, as 5.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	37
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	5.0%
% Second Loans	3.0%
% Cash Out Refinance	3.0%

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Rentals and Section 8 — North Carrollton, MS

North Carrollton, MS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$710
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,170
4 Bedroom	N/A	N/A	$1,240

North Carrollton, MS—38917

Key Metrics at a Glance

Home Price Trends — North Carrollton, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Carrollton, MS

% of Rental Stock

Property Listings — North Carrollton, MS

Demographics — North Carrollton, MS

Race and Ethnicity

Mortgage and Risk — North Carrollton, MS

Mortgages

Rentals and Section 8 — North Carrollton, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — North Carrollton, MS

Home Price to Income Ratio

North Carrollton, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Grenada, MS

Coila, MS

Greenwood, MS

Holcomb, MS

Winona, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	$183,000
Median Household Income	$67,800

North Carrollton, MS—38917

Key Metrics at a Glance

Home Price Trends — North Carrollton, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — North Carrollton, MS

% of Rental Stock

Property Listings — North Carrollton, MS

Demographics — North Carrollton, MS

Race and Ethnicity

Mortgage and Risk — North Carrollton, MS

Mortgages

Rentals and Section 8 — North Carrollton, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — North Carrollton, MS

Home Price to Income Ratio

North Carrollton, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Grenada, MS

Coila, MS

Greenwood, MS

Holcomb, MS

Winona, MS

Frequently Asked Questions

What is the average home price in North Carrollton, MS 38917?

How have home prices in North Carrollton, MS 38917 changed over the past year?

What is the home price projection for North Carrollton, MS 38917?

What are the demographics of North Carrollton, MS 38917?

How long does it take homes to sell in North Carrollton, MS 38917?

What is the average rent price in North Carrollton, MS 38917?