Pheba, MS—39755
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pheba, MS
Pheba, MS lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $172,000 | 3.9% |
| Single Family | $172,000 | 3.6% |
| 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 | $170,000 | 4.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pheba, MS
Pheba, 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 — Pheba, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Pheba, MS is 112. This is a decrease of -46.0% 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 | $240,000 | 84.0% |
Listing Count | 1 | 20.0% |
| Listings as % of Homes | 0.3% | 20.0% |
Days on Market | 112 | -46.0% |
Demographics — Pheba, MS
As of the latest ACS Survey released in 2023, Pheba, MS has a population of 634, which has decreased by -6.9% over the past 5 years. Pheba, MS is a moderately popular place for families, as children make up 15.8% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 634 | -6.9% |
% Under 18 | 15.8% | 43.6% |
% Seniors | 18.8% | -25.1% |
% WFH | 26.5% | ∞% |
% w/ College Degree | 23.4% | 28.6% |
As of the latest ACS Survey released in 2023, Pheba, MS is a predominantly white area, with 48.3% of the population identifying as white. The white population has shrunk by 14.4% in the last 5 years. The second most common race or ethnicity in Pheba, MS is black, making up 40.9% of the population. Foreign-born residents account for 2.7% of the population in Pheba, 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 | 48.3% | -14.4% |
% Black | 40.9% | -6.2% |
% Hispanic | 3.8% | 81.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 2.7% | ∞% |
Mortgage and Risk — Pheba, MS
According to HUD data as of 2023, there were 15 mortgage originations in Pheba, MS, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 88.0%, with 73.0% above 90% LTV (very high). This implies large mortgage risk in Pheba, MS. Investor activity is low, as 0.0% of loans were by investors. 27.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 15 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 27.0% |
Loan Activity
Rentals and Section 8 — Pheba, MS
Pheba, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $880 |
| 2 Bedroom | N/A | N/A | $1,000 |
| 3 Bedroom | N/A | N/A | $1,300 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Pheba, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $172,000 |
| Median Household Income | $29,800 |