Toomsuba, MS—39364
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Toomsuba, MS
As of Oct '25, the median home price in Toomsuba, MS is $129,000, with a year-over-year change of 4.7%. This indicates that home prices in Toomsuba, MS are increasing. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $129,000 | 4.7% |
| Single Family | $129,000 | 4.0% |
| 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 | $114,000 | 1.8% |
4 Bed | $188,000 | 1.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Toomsuba, MS
As of July '25, Rentcast reports the average rent in Toomsuba, MS is $1,850, with a year-over-year rent change of 42.3%. Per bedroom, the median rent as of July '25 in Toomsuba, MS is 2-bedrooms: $1,850. The most common rental property sizes in Toomsuba, MS are 2-bedroom and 3-bedroom, accounting for 58.0% and 42.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,850 | $1,850 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Toomsuba, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Toomsuba, MS is 42. This is a decrease of -47.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | -5.0% |
Listing Count | 4 | -40.0% |
| Listings as % of Homes | 0.2% | -40.0% |
Days on Market | 42 | -47.0% |
Demographics — Toomsuba, MS
As of the latest ACS Survey released in 2023, Toomsuba, MS has a population of 2,510, which has decreased by -5.1% over the past 5 years. Toomsuba, MS is a moderately popular place for families, as children make up 18.0% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,510 | -5.1% |
% Under 18 | 18.0% | -1.6% |
% Seniors | 25.7% | 82.3% |
% WFH | 14.8% | ∞% |
% w/ College Degree | 21.0% | 320.0% |
Toomsuba, MS lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.3% | 81.1% |
% Black | 28.9% | -54.1% |
% Hispanic | 1.2% | 200.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Toomsuba, MS
According to HUD data as of 2023, there were 45 mortgage originations in Toomsuba, MS, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Toomsuba, 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 | 45 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Toomsuba, MS
Toomsuba, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% 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 | $1,030 |
| 2 Bedroom | -$680 | $1,850 | $1,170 |
| 3 Bedroom | N/A | N/A | $1,570 |
| 4 Bedroom | N/A | N/A | $1,650 |
Affordability — Toomsuba, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $129,000 |
| Median Household Income | $64,300 |