Flora, MS—39071
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Flora, MS
As of Nov '25, the median home price in Flora, MS is $290,000, with a year-over-year change of 4.4%. This indicates that home prices in Flora, MS are increasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $290,000 | 4.4% |
| Single Family | $290,000 | 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 | $198,000 | 9.4% |
4 Bed | $441,000 | 5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Flora, MS
Flora, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,850 |
| 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 | N/A | N/A |
% of Rental Stock
Property Listings — Flora, MS
As of Nov '25, Realtor.com reports that the median days on market for a home in Flora, MS is 82. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $944,000 | 7.0% |
Listing Count | 22 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 82 | 0.0% |
Demographics — Flora, MS
As of the latest ACS Survey released in 2023, Flora, MS has a population of 6,320, which has increased by 3.5% over the past 5 years. Flora, MS is a popular place for families, as children make up 27.0% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,320 | 3.5% |
% Under 18 | 27.0% | 8.0% |
% Seniors | 19.1% | 54.0% |
% WFH | 10.0% | 194.1% |
% w/ College Degree | 35.7% | 44.0% |
As of the latest ACS Survey released in 2023, Flora, MS is a predominantly white area, with 58.4% of the population identifying as white. The white population has grown by 8.8% in the last 5 years. The second most common race or ethnicity in Flora, MS is black, making up 40.2% of the population. Foreign-born residents account for 0.4% of the population in Flora, MS, and this percentage has decreased by 55.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 58.4% | 8.8% |
% Black | 40.2% | -11.5% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.4% | -55.6% |
Mortgage and Risk — Flora, MS
According to HUD data as of 2023, there were 121 mortgage originations in Flora, MS, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Flora, MS. Investor activity is low, as 3.0% 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 | 121 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Flora, MS
Flora, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 77 |
Total Units Section 8 | 77 |
% Rentals under Section 8 | 10.9% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $980 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | -$440 | $1,850 | $1,410 |
| 4 Bedroom | N/A | N/A | $1,550 |
Affordability — Flora, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $290,000 |
| Median Household Income | $64,200 |