Steens, MS—39766
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Steens, MS
As of Oct '25, the median home price in Steens, MS is $205,000, with a year-over-year change of 1.1%. This indicates that home prices in Steens, MS are increasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $205,000 | 1.1% |
| Single Family | $205,000 | 1.0% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Steens, MS
As of July '25, Rentcast reports the average rent in Steens, MS is $2,220, with a year-over-year rent change of 23.3%. Per bedroom, the median rent as of July '25 in Steens, MS is 3-bedrooms: $1,850, 4-bedrooms: $2,600. The most common rental property sizes in Steens, MS are 3-bedroom and 2-bedroom, accounting for 48.8% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,850 | $1,850 |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Steens, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Steens, MS is 79. This is a increase of 35.0% 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 100.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $344,000 | 29.0% |
Listing Count | 6 | 22.0% |
| Listings as % of Homes | 0.7% | 22.0% |
Days on Market | 79 | 35.0% |
Demographics — Steens, MS
As of the latest ACS Survey released in 2023, Steens, MS has a population of 2,860, which has decreased by -16.5% over the past 5 years. Steens, MS is a popular place for families, as children make up 26.6% 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 few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,860 | -16.5% |
% Under 18 | 26.6% | 20.4% |
% Seniors | 17.3% | 66.3% |
% WFH | 5.7% | 11.8% |
% w/ College Degree | 21.0% | -1.4% |
As of the latest ACS Survey released in 2023, Steens, MS is a predominantly white area, with 70.9% of the population identifying as white. The white population has shrunk by 17.7% in the last 5 years. The second most common race or ethnicity in Steens, MS is black, making up 21.9% of the population. Foreign-born residents account for 0.2% of the population in Steens, 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 | 70.9% | -17.7% |
% Black | 21.9% | 85.6% |
% Hispanic | 1.4% | 27.3% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | ∞% |
Mortgage and Risk — Steens, MS
According to HUD data as of 2023, there were 24 mortgage originations in Steens, MS, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Steens, MS. Investor activity is low, as 4.0% 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 | 24 |
% Conventional Loans | 62.0% |
% Government Loans | 38.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Steens, MS
Steens, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | $830 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | -$520 | $1,850 | $1,330 |
| 4 Bedroom | -$1,190 | $2,600 | $1,410 |
Affordability — Steens, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $205,000 |
| Median Household Income | $57,800 |