Flowood, MS—39232
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Flowood, MS
As of Oct '25, the median home price in Flowood, MS is $336,000, with a year-over-year change of 1.3%. This indicates that home prices in Flowood, 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 | $336,000 | 1.3% |
| Single Family | $339,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $236,000 | 3.5% |
3 Bed | $268,000 | 1.5% |
4 Bed | $442,000 | 0.9% |
| 5 Bed | $755,000 | 5.7% |
% of Housing Stock
Rental Trends — Flowood, MS
As of July '25, Rentcast reports the average rent in Flowood, MS is $1,630, with a year-over-year rent change of -11.9%. Per bedroom, the median rent as of July '25 in Flowood, MS is studios: $1,230, 1-bedrooms: $1,570, 2-bedrooms: $1,740, 3-bedrooms: $1,940. The most common rental property sizes in Flowood, MS are 2-bedroom and 1-bedroom, accounting for 56.3% and 22.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,630 |
| Studio Rent | $1,200 | $1,230 |
| 1 Bed Rent | $1,600 | $1,570 |
| 2 Bed Rent | $1,650 | $1,740 |
| 3 Bed Rent | $1,250 | $1,940 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Flowood, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Flowood, MS is 70. This is a decrease of -43.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | -2.0% |
Listing Count | 74 | -9.0% |
| Listings as % of Homes | 1.0% | -9.0% |
Days on Market | 70 | -43.0% |
Demographics — Flowood, MS
As of the latest ACS Survey released in 2023, Flowood, MS has a population of 9,320, which has increased by 18.2% over the past 5 years. Flowood, MS is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 50.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,320 | 18.2% |
% Under 18 | 25.5% | 40.9% |
% Seniors | 11.7% | 11.4% |
% WFH | 9.7% | 131.0% |
% w/ College Degree | 50.9% | 7.8% |
As of the latest ACS Survey released in 2023, Flowood, MS is a predominantly white area, with 63.1% of the population identifying as white. The white population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Flowood, MS is black, making up 27.1% of the population. Foreign-born residents account for 5.1% of the population in Flowood, MS, and this percentage has decreased by 13.6% 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 | 63.1% | 3.1% |
% Black | 27.1% | -4.6% |
% Hispanic | 4.0% | 33.3% |
% Asian | 3.8% | -15.6% |
% Foreign Born | 5.1% | -13.6% |
Mortgage and Risk — Flowood, MS
According to HUD data as of 2023, there were 126 mortgage originations in Flowood, MS, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Flowood, MS. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 126 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Flowood, MS
Flowood, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,600 | $1,380 |
| 2 Bedroom | -$30 | $1,650 | $1,620 |
| 3 Bedroom | $700 | $1,250 | $1,950 |
| 4 Bedroom | N/A | N/A | $2,150 |
Affordability — Flowood, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $336,000 |
| Median Household Income | $83,400 |