Holcomb, MS38940

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$146,000
2.8% YoY Growth
Median Household Income
$62,700
33.8% 5-Year Growth
Days on Market
153
N/A
Home Price Forecast
-1.6%
Median 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

Property Listings — Holcomb, MS

Holcomb, MS lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$163,000N/A
Listing Count
2N/A
Listings as % of Homes0.6%N/A
Days on Market
153N/A
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Demographics — Holcomb, MS

As of the latest ACS Survey released in 2023, Holcomb, MS has a population of 1,740, which has increased by 6.4% over the past 5 years. Holcomb, MS is a popular place for families, as children make up 35.2% of the population. The area has a poorly educated workforce, with 8.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
1,7406.4%
% Under 18
35.2%55.1%
% Seniors
15.5%-37.2%
% WFH
2.3%-30.3%
% w/ College Degree
8.7%-42.4%
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As of the latest ACS Survey released in 2023, Holcomb, MS is a predominantly white area, with 73.1% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Holcomb, MS is black, making up 11.8% of the population. Foreign-born residents account for 1.1% of the population in Holcomb, 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

MetricLatest Census5-Year % Change
% White
73.1%-12.4%
% Black
11.8%-28.9%
% Hispanic
3.6%∞%
% Asian
0.0%N/A
% Foreign Born
1.1%∞%
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Mortgage and Risk — Holcomb, MS

According to HUD data as of 2023, there were 41 mortgage originations in Holcomb, MS, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Holcomb, MS. Investor activity is low, as 12.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
41
% Conventional Loans
90.0%
% Government Loans
10.0%
% Investor Loans
12.0%
% Second Loans
0.0%
% Cash Out Refinance
2.0%

Loan Activity

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Rentals and Section 8 — Holcomb, MS

Holcomb, 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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$740
2 BedroomN/AN/A$950
3 BedroomN/AN/A$1,160
4 BedroomN/AN/A$1,380

Affordability — Holcomb, MS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.1
Median Home Price$146,000
Median Household Income$62,700

Holcomb, MS — ZIP Code Boundary Map

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Frequently Asked Questions