Goodman, MS—39079
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Goodman, MS
As of Oct '25, the median home price in Goodman, MS is $82,000, with a year-over-year change of 6.9%. This indicates that home prices in Goodman, MS are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $82,000 | 6.9% |
| Single Family | $82,000 | 7.9% |
| 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 | $90,000 | 3.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Goodman, MS
Goodman, 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 — Goodman, MS
Goodman, MS lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Goodman, MS
As of the latest ACS Survey released in 2023, Goodman, MS has a population of 1,450, which has decreased by -18.1% over the past 5 years. Goodman, MS is a moderately popular place for families, as children make up 15.7% of the population. The area has a poorly educated workforce, with 6.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,450 | -18.1% |
% Under 18 | 15.7% | -12.8% |
% Seniors | 16.6% | 35.0% |
% WFH | 10.7% | 1,428.6% |
% w/ College Degree | 6.1% | 22.0% |
As of the latest ACS Survey released in 2023, Goodman, MS is a predominantly black area, with 63.2% of the population identifying as black. The black population has shrunk by 12.9% in the last 5 years. The second most common race or ethnicity in Goodman, MS is white, making up 31.8% of the population. Foreign-born residents account for 1.2% of the population in Goodman, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 31.8% | 19.5% |
% Black | 63.2% | -12.9% |
% Hispanic | 1.5% | 400.0% |
% Asian | 0.7% | ∞% |
% Foreign Born | 1.2% | ∞% |
Mortgage and Risk — Goodman, MS
According to HUD data as of 2023, there were 8 mortgage originations in Goodman, MS, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Goodman, MS. Investor activity is low, as 12.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 8 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Goodman, MS
Goodman, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 66 |
Total Units Section 8 | 66 |
% Rentals under Section 8 | 26.9% |
% Occupied Section 8 | 95.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,230 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Goodman, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $82,000 |
| Median Household Income | $16,700 |