Enterprise, MS—39330
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Enterprise, MS
As of Oct '25, the median home price in Enterprise, MS is $145,000, with a year-over-year change of -4.8%. This indicates that home prices in Enterprise, MS are decreasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $145,000 | -4.8% |
| Single Family | $145,000 | -4.6% |
| 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 | $193,000 | -3.5% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Enterprise, MS
Enterprise, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,300 | $1,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Enterprise, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Enterprise, MS is 117. This is a decrease of -3.0% 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 | $250,000 | -41.0% |
Listing Count | 16 | 127.0% |
| Listings as % of Homes | N/A | 127.0% |
Days on Market | 117 | -3.0% |
Demographics — Enterprise, MS
As of the latest ACS Survey released in 2023, Enterprise, MS has a population of 2,790, which has increased by 5.4% over the past 5 years. Enterprise, MS is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,790 | 5.4% |
% Under 18 | 22.4% | 6.2% |
% Seniors | 23.4% | 85.7% |
% WFH | 1.5% | 7.1% |
% w/ College Degree | 21.5% | 83.8% |
As of the latest ACS Survey released in 2023, Enterprise, MS is a predominantly white area, with 81.4% of the population identifying as white. The white population has shrunk by 3.1% in the last 5 years. The second most common race or ethnicity in Enterprise, MS is black, making up 13.2% of the population. Foreign-born residents account for 1.0% of the population in Enterprise, 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 | 81.4% | -3.1% |
% Black | 13.2% | -10.8% |
% Hispanic | 1.1% | -8.3% |
% Asian | 0.7% | ∞% |
% Foreign Born | 1.0% | ∞% |
Mortgage and Risk — Enterprise, MS
According to HUD data as of 2023, there were 53 mortgage originations in Enterprise, MS, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Enterprise, MS. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Enterprise, MS
Enterprise, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | -$80 | $1,300 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Enterprise, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $145,000 |
| Median Household Income | $55,700 |