Tutwiler, MS—38963
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Tutwiler, MS
As of Oct '25, the median home price in Tutwiler, MS is $97,000, with a year-over-year change of 0.2%. This indicates that home prices in Tutwiler, MS are flat. According to Zillow, the 1-year price projection is -6.7%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $97,000 | 0.2% |
| Single Family | $97,000 | -3.0% |
| 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 | $96,000 | 0.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Tutwiler, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Tutwiler, MS is 37. This is a decrease of -76.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $40,000 | -2.0% |
Listing Count | 2 | 167.0% |
| Listings as % of Homes | 0.1% | 167.0% |
Days on Market | 37 | -76.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Tutwiler, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $97,000 |
| Median Household Income | $35,400 |