Tutwiler, MS 38963 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Tutwiler, MS—38963

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$93,000

21.2% YoY Growth

Household Income

$35,400

16.9% YoY Growth

Days on Market

359.0% Longer YoY

Home Price Forecast

-9.1%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Tutwiler, MS

As of May '26, the median home price in Tutwiler, MS is $93,000, with a year-over-year change of -21.2%. This indicates that home prices in Tutwiler, MS are decreasing. According to Zillow, the 1-year price projection is -9.1%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$93,000	-21.2%
Single Family	$93,000	-25.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Tutwiler, MS

Tutwiler, 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

Studio

1.1%

1 Bedroom

1.7%

2 Bedrooms

22.2%

3 Bedrooms

57.3%

4 Bedrooms

17.7%

Property Listings — Tutwiler, MS

As of May '26, Realtor.com reports that the median days on market for a home in Tutwiler, MS is 25. This is a increase of 359.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$188,000	212.0%
Listing Count	2	-25.0%
Listings as % of Homes	0.1%	-25.0%
Days on Market	25	359.0%

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Demographics — Tutwiler, MS

As of the latest ACS Survey released in 2023, Tutwiler, MS has a population of 2,920, which has decreased by -38.0% over the past 5 years. Tutwiler, MS is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 10.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,920	-38.0%
% Under 18	17.8%	109.4%
% Seniors	15.9%	112.0%
% WFH	6.1%	-41.9%
% w/ College Degree	10.8%	145.5%

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As of the latest ACS Survey released in 2023, Tutwiler, MS is a predominantly black area, with 88.4% of the population identifying as black. The black population has grown by 119.4% in the last 5 years. The second most common race or ethnicity in Tutwiler, MS is white, making up 10.9% of the population. Foreign-born residents account for 0.6% of the population in Tutwiler, MS, and this percentage has decreased by 95.7% 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	10.9%	-23.2%
% Black	88.4%	119.4%
% Hispanic	0.7%	-98.3%
% Asian	0.1%	-97.2%
% Foreign Born	0.6%	-95.7%

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Mortgage and Risk — Tutwiler, MS

According to HUD data as of 2023, there were 11 mortgage originations in Tutwiler, MS, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Tutwiler, MS. Investor activity is low, as 9.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	11
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	9.0%
% Second Loans	0.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — Tutwiler, MS

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

Section 8 Market Size

Total Units under HUD	27
Total Units Section 8	24
% Rentals under Section 8	N/A
% Occupied Section 8	97.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,040
2 Bedroom	N/A	N/A	$1,160
3 Bedroom	N/A	N/A	$1,520
4 Bedroom	N/A	N/A	$1,940

Tutwiler, MS—38963

Key Metrics at a Glance

Home Price Trends — Tutwiler, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tutwiler, MS

% of Rental Stock

Property Listings — Tutwiler, MS

Demographics — Tutwiler, MS

Race and Ethnicity

Mortgage and Risk — Tutwiler, MS

Mortgages

Rentals and Section 8 — Tutwiler, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Tutwiler, MS

Home Price to Income Ratio

Tutwiler, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Parchman, MS

Drew, MS

Clarksdale, MS

Eagles Nest, MS

Ruleville, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.9
Median Home Price	$93,000
Median Household Income	$35,400

Tutwiler, MS—38963

Key Metrics at a Glance

Home Price Trends — Tutwiler, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Tutwiler, MS

% of Rental Stock

Property Listings — Tutwiler, MS

Demographics — Tutwiler, MS

Race and Ethnicity

Mortgage and Risk — Tutwiler, MS

Mortgages

Rentals and Section 8 — Tutwiler, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Tutwiler, MS

Home Price to Income Ratio

Tutwiler, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Parchman, MS

Drew, MS

Clarksdale, MS

Eagles Nest, MS

Ruleville, MS

Frequently Asked Questions

What is the average home price in Tutwiler, MS 38963?

How have home prices in Tutwiler, MS 38963 changed over the past year?

What is the home price projection for Tutwiler, MS 38963?

What are the demographics of Tutwiler, MS 38963?

How long does it take homes to sell in Tutwiler, MS 38963?

What is the average rent price in Tutwiler, MS 38963?