Byram, MS—39272
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Byram, MS
As of Oct '25, the median home price in Byram, MS is $216,000, with a year-over-year change of 5.7%. This indicates that home prices in Byram, MS are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $216,000 | 5.7% |
| Single Family | $216,000 | 5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $147,000 | 5.0% |
3 Bed | $213,000 | 4.9% |
4 Bed | $282,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Byram, MS
As of July '25, Rentcast reports the average rent in Byram, MS is $1,390, with a year-over-year rent change of -14.7%. Per bedroom, the median rent as of July '25 in Byram, MS is studios: $1,170, 1-bedrooms: $1,150, 2-bedrooms: $1,380, 3-bedrooms: $1,610, 4-bedrooms: $1,950. The most common rental property sizes in Byram, MS are 2-bedroom and 3-bedroom, accounting for 44.0% and 40.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,360 | $1,390 |
| Studio Rent | $1,170 | $1,170 |
| 1 Bed Rent | $1,090 | $1,150 |
| 2 Bed Rent | $1,360 | $1,380 |
| 3 Bed Rent | $1,450 | $1,610 |
| 4 Bed Rent | $1,950 | $1,950 |
% of Rental Stock
Property Listings — Byram, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Byram, MS is 73. This is a increase of 3.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | -5.0% |
Listing Count | 47 | -21.0% |
| Listings as % of Homes | 0.6% | -21.0% |
Days on Market | 73 | 3.0% |
Demographics — Byram, MS
As of the latest ACS Survey released in 2023, Byram, MS has a population of 14,200, which has increased by 12.2% over the past 5 years. Byram, MS is a moderately popular place for families, as children make up 21.7% of the population. The area has a moderately educated workforce, with 33.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,200 | 12.2% |
% Under 18 | 21.7% | -13.9% |
% Seniors | 13.5% | 68.8% |
% WFH | 6.3% | 215.0% |
% w/ College Degree | 33.4% | 3.1% |
As of the latest ACS Survey released in 2023, Byram, MS is a predominantly black area, with 75.2% of the population identifying as black. The black population has grown by 7.7% in the last 5 years. The second most common race or ethnicity in Byram, MS is white, making up 21.7% of the population. Foreign-born residents account for 1.4% of the population in Byram, MS, and this percentage has increased by 75.0% 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 | 21.7% | -25.9% |
% Black | 75.2% | 7.7% |
% Hispanic | 1.6% | 433.3% |
% Asian | 0.9% | ∞% |
% Foreign Born | 1.4% | 75.0% |
Mortgage and Risk — Byram, MS
According to HUD data as of 2023, there were 215 mortgage originations in Byram, MS, of which 55.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Byram, MS. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 215 |
% Conventional Loans | 55.0% |
% Government Loans | 45.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Byram, MS
As of 2024, the percent of homes in Byram, MS under the Section 8 program is 4.4%. 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 Byram, MS, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 48 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,090 | $1,280 |
| 2 Bedroom | $140 | $1,360 | $1,500 |
| 3 Bedroom | $360 | $1,450 | $1,810 |
| 4 Bedroom | $40 | $1,950 | $1,990 |
Affordability — Byram, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $216,000 |
| Median Household Income | $75,700 |