Brandon, MS—39042
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brandon, MS
As of Oct '25, the median home price in Brandon, MS is $279,000, with a year-over-year change of 1.4%. This indicates that home prices in Brandon, MS are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $279,000 | 1.4% |
| Single Family | $279,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $166,000 | 2.5% |
3 Bed | $254,000 | 1.6% |
4 Bed | $366,000 | 1.7% |
| 5 Bed | $506,000 | 2.8% |
% of Housing Stock
Rental Trends — Brandon, MS
As of July '25, Rentcast reports the average rent in Brandon, MS is $1,690, with a year-over-year rent change of -16.3%. Per bedroom, the median rent as of July '25 in Brandon, MS is studios: $2,200, 1-bedrooms: $1,310, 2-bedrooms: $1,530, 3-bedrooms: $1,860, 4-bedrooms: $2,190. The most common rental property sizes in Brandon, MS are 2-bedroom and 3-bedroom, accounting for 33.9% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,690 |
| Studio Rent | $2,200 | $2,200 |
| 1 Bed Rent | $1,250 | $1,310 |
| 2 Bed Rent | $1,500 | $1,530 |
| 3 Bed Rent | $1,820 | $1,860 |
| 4 Bed Rent | $2,400 | $2,190 |
% of Rental Stock
Property Listings — Brandon, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Brandon, MS is 56. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $344,000 | 6.0% |
Listing Count | 198 | 14.0% |
| Listings as % of Homes | 0.7% | 14.0% |
Days on Market | 56 | -1.0% |
Demographics — Brandon, MS
As of the latest ACS Survey released in 2023, Brandon, MS has a population of 37,900, which has decreased by -1.4% over the past 5 years. Brandon, MS is a moderately popular place for families, as children make up 23.5% of the population. The area has a moderately educated workforce, with 35.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,900 | -1.4% |
% Under 18 | 23.5% | -0.8% |
% Seniors | 17.1% | 10.3% |
% WFH | 7.1% | 294.4% |
% w/ College Degree | 35.0% | 12.9% |
As of the latest ACS Survey released in 2023, Brandon, MS is a predominantly white area, with 75.2% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Brandon, MS is black, making up 21.2% of the population. Foreign-born residents account for 1.7% of the population in Brandon, MS, and this percentage has decreased by 32.0% 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 | 75.2% | 0.3% |
% Black | 21.2% | -1.4% |
% Hispanic | 2.2% | -4.3% |
% Asian | 0.2% | -60.0% |
% Foreign Born | 1.7% | -32.0% |
Mortgage and Risk — Brandon, MS
According to HUD data as of 2023, there were 956 mortgage originations in Brandon, MS, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Brandon, MS. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 956 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Brandon, MS
As of 2024, the percent of homes in Brandon, MS under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Brandon, MS, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,250 | $1,080 |
| 2 Bedroom | -$230 | $1,500 | $1,270 |
| 3 Bedroom | -$290 | $1,820 | $1,530 |
| 4 Bedroom | -$720 | $2,400 | $1,680 |
Affordability — Brandon, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $279,000 |
| Median Household Income | $88,800 |