Hattiesburg, MS—39401
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Hattiesburg, MS
Home Price Trends — Hattiesburg, MS
As of Oct '25, the median home price in Hattiesburg, MS is $139,000, with a year-over-year change of -0.7%. This indicates that home prices in Hattiesburg, MS are flat. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $139,000 | -0.7% |
| Single Family | $139,000 | -0.7% |
| 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 | $171,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hattiesburg, MS
As of July '25, Rentcast reports the average rent in Hattiesburg, MS is $1,150, with a year-over-year rent change of 11.7%. Per bedroom, the median rent as of July '25 in Hattiesburg, MS is 1-bedrooms: $926, 2-bedrooms: $1,220, 3-bedrooms: $1,310, 4-bedrooms: $2,220. The most common rental property sizes in Hattiesburg, MS are 2-bedroom and 3-bedroom, accounting for 36.4% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $819 | $926 |
| 2 Bed Rent | $1,050 | $1,220 |
| 3 Bed Rent | $1,350 | $1,310 |
| 4 Bed Rent | $1,600 | $2,220 |
% of Rental Stock
Property Listings — Hattiesburg, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Hattiesburg, MS is 69. 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $218,000 | 1.0% |
Listing Count | 113 | -8.0% |
| Listings as % of Homes | 0.4% | -8.0% |
Days on Market | 69 | 3.0% |
Demographics — Hattiesburg, MS
As of the latest ACS Survey released in 2023, Hattiesburg, MS has a population of 41,900, which has decreased by -1.4% over the past 5 years. Hattiesburg, MS is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,900 | -1.4% |
% Under 18 | 22.3% | 0.5% |
% Seniors | 13.7% | 30.5% |
% WFH | 3.1% | 138.5% |
% w/ College Degree | 28.3% | 11.9% |
As of the latest ACS Survey released in 2023, Hattiesburg, MS is a predominantly black area, with 51.6% of the population identifying as black. The black population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Hattiesburg, MS is white, making up 40.5% of the population. Foreign-born residents account for 2.9% of the population in Hattiesburg, MS, and this percentage has decreased by 6.5% 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 | 40.5% | 4.4% |
% Black | 51.6% | -6.4% |
% Hispanic | 3.7% | 54.2% |
% Asian | 1.0% | 25.0% |
% Foreign Born | 2.9% | -6.5% |
Mortgage and Risk — Hattiesburg, MS
According to HUD data as of 2023, there were 448 mortgage originations in Hattiesburg, MS, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Hattiesburg, MS. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 448 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 10.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hattiesburg, MS
As of 2024, the percent of homes in Hattiesburg, MS under the Section 8 program is 14.7%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Hattiesburg, MS, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,745 |
Total Units Section 8 | 1,497 |
% Rentals under Section 8 | 14.7% |
% Occupied Section 8 | 84.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $61 | $819 | $880 |
| 2 Bedroom | $10 | $1,050 | $1,060 |
| 3 Bedroom | $0 | $1,350 | $1,350 |
| 4 Bedroom | -$190 | $1,600 | $1,410 |
Affordability — Hattiesburg, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $139,000 |
| Median Household Income | $40,300 |