Brookhaven, MS—39601
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Brookhaven, MS
As of Oct '25, the median home price in Brookhaven, MS is $162,000, with a year-over-year change of -0.2%. This indicates that home prices in Brookhaven, MS are flat. 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 | $162,000 | -0.2% |
| Single Family | $162,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $149,000 | -2.0% |
3 Bed | $206,000 | 0.5% |
4 Bed | $307,000 | 1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Brookhaven, MS
As of July '25, Rentcast reports the average rent in Brookhaven, MS is $806, with a year-over-year rent change of -3.2%. Per bedroom, the median rent as of July '25 in Brookhaven, MS is studios: $375, 2-bedrooms: $774, 3-bedrooms: $1,090. The most common rental property sizes in Brookhaven, MS are 3-bedroom and 2-bedroom, accounting for 44.3% and 34.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $806 |
| Studio Rent | $375 | $375 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $725 | $774 |
| 3 Bed Rent | $975 | $1,090 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Brookhaven, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Brookhaven, MS is 56. This is a decrease of -40.0% 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 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 | $174,000 | -16.0% |
Listing Count | 57 | -6.0% |
| Listings as % of Homes | 0.4% | -6.0% |
Days on Market | 56 | -40.0% |
Demographics — Brookhaven, MS
As of the latest ACS Survey released in 2023, Brookhaven, MS has a population of 23,700, which has increased by 4.9% over the past 5 years. Brookhaven, MS is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,700 | 4.9% |
% Under 18 | 24.6% | -5.7% |
% Seniors | 17.5% | 10.1% |
% WFH | 3.2% | 113.3% |
% w/ College Degree | 19.0% | 8.0% |
As of the latest ACS Survey released in 2023, Brookhaven, MS is a predominantly white area, with 61.5% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Brookhaven, MS is black, making up 35.8% of the population. Foreign-born residents account for 1.1% of the population in Brookhaven, MS, and this percentage has increased by 57.1% 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 | 61.5% | 0.0% |
% Black | 35.8% | -1.9% |
% Hispanic | 1.8% | 38.5% |
% Asian | 0.6% | -14.3% |
% Foreign Born | 1.1% | 57.1% |
Mortgage and Risk — Brookhaven, MS
According to HUD data as of 2023, there were 284 mortgage originations in Brookhaven, MS, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Brookhaven, MS. Investor activity is low, as 6.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 284 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Brookhaven, MS
Brookhaven, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 615 |
Total Units Section 8 | 367 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $750 |
| 2 Bedroom | $255 | $725 | $980 |
| 3 Bedroom | $325 | $975 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Brookhaven, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $162,000 |
| Median Household Income | $43,800 |