Gore Springs, MS—38929
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gore Springs, MS
As of Oct '25, the median home price in Gore Springs, MS is $106,000, with a year-over-year change of 1.3%. This indicates that home prices in Gore Springs, MS are increasing. According to Zillow, the 1-year price projection is -2.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $106,000 | 1.3% |
| Single Family | $106,000 | 1.0% |
| 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 | $129,000 | 4.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gore Springs, MS
Gore Springs, 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 |
% of Rental Stock
Property Listings — Gore Springs, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Gore Springs, MS is 68. This is a increase of 55.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | 147.0% |
Listing Count | 4 | 43.0% |
| Listings as % of Homes | N/A | 43.0% |
Days on Market | 68 | 55.0% |
Demographics — Gore Springs, MS
As of the latest ACS Survey released in 2023, Gore Springs, MS has a population of 2,240, which has increased by 57.5% over the past 5 years. Gore Springs, MS is a popular place for families, as children make up 28.4% of the population. The area has a poorly educated workforce, with 8.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,240 | 57.5% |
% Under 18 | 28.4% | 25.1% |
% Seniors | 17.0% | -0.6% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 8.0% | 2.6% |
As of the latest ACS Survey released in 2023, Gore Springs, MS is a predominantly white area, with 57.2% of the population identifying as white. The white population has shrunk by 20.3% in the last 5 years. The second most common race or ethnicity in Gore Springs, MS is black, making up 39.5% of the population. Foreign-born residents account for 0.0% of the population in Gore Springs, MS, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.2% | -20.3% |
% Black | 39.5% | 47.4% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Gore Springs, MS
Gore Springs, MS lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Gore Springs, MS
Gore Springs, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $830 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,480 |
Affordability — Gore Springs, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $106,000 |
| Median Household Income | $61,400 |