Collins, MS—39428
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Collins, MS
As of Oct '25, the median home price in Collins, MS is $142,000, with a year-over-year change of -3.3%. This indicates that home prices in Collins, MS are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $142,000 | -3.3% |
| Single Family | $142,000 | -4.7% |
| 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 | $177,000 | 1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Collins, MS
Collins, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Collins, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Collins, MS is 109. 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $234,000 | 6.0% |
Listing Count | 14 | -2.0% |
| Listings as % of Homes | 0.3% | -2.0% |
Days on Market | 109 | 3.0% |
Demographics — Collins, MS
As of the latest ACS Survey released in 2023, Collins, MS has a population of 8,630, which has decreased by -18.5% over the past 5 years. Collins, MS is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,630 | -18.5% |
% Under 18 | 18.3% | -32.5% |
% Seniors | 19.7% | 27.1% |
% WFH | 1.8% | 200.0% |
% w/ College Degree | 16.0% | -21.2% |
As of the latest ACS Survey released in 2023, Collins, MS is a predominantly white area, with 56.6% of the population identifying as white. The white population has grown by 10.8% in the last 5 years. The second most common race or ethnicity in Collins, MS is black, making up 38.0% of the population. Foreign-born residents account for 0.7% of the population in Collins, MS, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 56.6% | 10.8% |
% Black | 38.0% | -20.2% |
% Hispanic | 1.3% | 225.0% |
% Asian | 0.6% | 100.0% |
% Foreign Born | 0.7% | 0.0% |
Mortgage and Risk — Collins, MS
According to HUD data as of 2023, there were 108 mortgage originations in Collins, MS, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Collins, MS. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 108 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Collins, MS
Collins, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 90 |
Total Units Section 8 | 90 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 83.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,390 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Collins, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $142,000 |
| Median Household Income | $45,800 |