Fulton, MS—38843
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fulton, MS
As of Oct '25, the median home price in Fulton, MS is $146,000, with a year-over-year change of 3.8%. This indicates that home prices in Fulton, MS are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $146,000 | 3.8% |
| Single Family | $146,000 | 4.3% |
| 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 | $189,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fulton, MS
As of July '25, Rentcast reports the average rent in Fulton, MS is $1,460, with a year-over-year rent change of 49.7%. Per bedroom, the median rent as of July '25 in Fulton, MS is 2-bedrooms: $695, 4-bedrooms: $1,850. The most common rental property sizes in Fulton, MS are 2-bedroom and 3-bedroom, accounting for 52.5% and 44.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,460 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $695 | $695 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,300 | $1,850 |
% of Rental Stock
Property Listings — Fulton, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Fulton, MS is 103. This is a increase of 52.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $305,000 | 24.0% |
Listing Count | 49 | 21.0% |
| Listings as % of Homes | 0.6% | 21.0% |
Days on Market | 103 | 52.0% |
Demographics — Fulton, MS
As of the latest ACS Survey released in 2023, Fulton, MS has a population of 12,300, which has increased by 3.1% over the past 5 years. Fulton, MS is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,300 | 3.1% |
% Under 18 | 22.1% | 1.4% |
% Seniors | 17.4% | 1.8% |
% WFH | 5.1% | 27.5% |
% w/ College Degree | 18.3% | 6.4% |
As of the latest ACS Survey released in 2023, Fulton, MS is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 1.9% in the last 5 years. The second most common race or ethnicity in Fulton, MS is black, making up 13.1% of the population. Foreign-born residents account for 1.4% of the population in Fulton, MS, and this percentage has increased by 7.7% 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 | 83.9% | -1.9% |
% Black | 13.1% | 21.3% |
% Hispanic | 0.4% | -85.7% |
% Asian | 0.9% | 80.0% |
% Foreign Born | 1.4% | 7.7% |
Mortgage and Risk — Fulton, MS
According to HUD data as of 2023, there were 197 mortgage originations in Fulton, MS, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Fulton, MS. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 197 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Fulton, MS
Fulton, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 129 |
Total Units Section 8 | 129 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | $255 | $695 | $950 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | $40 | $1,300 | $1,340 |
Affordability — Fulton, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $146,000 |
| Median Household Income | $59,800 |