Braxton, MS39044

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$180,000
4.3% YoY Growth
Median Household Income
$71,200
71.0% 5-Year Growth
Days on Market
51
35.0% Longer than last year
Home Price Forecast
-0.1%
Median 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

Property Listings — Braxton, MS

As of Aug '25 and according to Realtor.com, the median days on market for a home in Braxton, MS is 51. This is an increase of 35.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is NA. This is an unknown percentage of inventory, suggesting unknown supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$270,000-44.0%
Listing Count
5N/A
Listings as % of Homes0.2%N/A
Days on Market
5135.0%
Loading chart...

Demographics — Braxton, MS

MetricLatest CensusYoY % Change
Population
2,750-25.5%
% Under 18
21.0%2.9%
% Under 5N/AN/A
% Seniors
18.6%5.7%
% WFH
4.7%∞%
% w/ College Degree
15.3%13.3%
Loading chart...

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
58.0%-29.5%
% Black
37.2%121.4%
% Hispanic
3.3%3,200.0%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
Loading chart...

Mortgage and Risk — Braxton, MS

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Braxton, MS in that year was 33. 85.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 74.0%. Of those, 52.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Braxton, MS. Investor activity in Braxton, MS is low, as 3.0% of all loans are originated by investors. In 2023, 3.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
33N/AN/A
% Conventional Loans
85.0%N/AN/A
% Government Loans
15.0%N/AN/A
% Investor Loans
3.0%N/AN/A
% Second Loans
3.0%N/AN/A
% Cash Out Refinance
3.0%N/AN/A
Loading chart...
Loading chart...
Loading chart...

Rentals and Section 8 — Braxton, MS

As of 2024, the percent of homes in Braxton, MS under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$940
2 BedroomN/AN/A$1,100
3 BedroomN/AN/A$1,400
4 BedroomN/AN/A$1,600

Affordability — Braxton, MS

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.4N/AN/A
Median Home Price$180,000N/AN/A
Median Household Income$71,200N/AN/A

Braxton, MS — ZIP Code Boundary Map

Loading map...