Morton, MS—39117
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morton, MS
Morton, MS lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $122,000 | 0.9% |
| Single Family | $122,000 | 0.8% |
| 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 | $175,000 | 2.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morton, MS
Morton, 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 — Morton, MS
As of Nov '25, Realtor.com reports that the median days on market for a home in Morton, MS is 45. This is a decrease of -40.0% 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 | $360,000 | 46.0% |
Listing Count | 12 | 25.0% |
| Listings as % of Homes | 0.1% | 25.0% |
Days on Market | 45 | -40.0% |
Demographics — Morton, MS
As of the latest ACS Survey released in 2023, Morton, MS has a population of 9,640, which has decreased by -11.1% over the past 5 years. Morton, MS is a popular place for families, as children make up 29.3% of the population. The area has a poorly educated workforce, with 11.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,640 | -11.1% |
% Under 18 | 29.3% | 6.5% |
% Seniors | 18.7% | 26.4% |
% WFH | 5.4% | 575.0% |
% w/ College Degree | 11.2% | -14.5% |
As of the latest ACS Survey released in 2023, Morton, MS is a predominantly white area, with 57.1% of the population identifying as white. The white population has shrunk by 11.2% in the last 5 years. The second most common race or ethnicity in Morton, MS is black, making up 20.1% of the population. Foreign-born residents account for 2.4% of the population in Morton, MS, and this percentage has decreased by 64.7% 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 | 57.1% | -11.2% |
% Black | 20.1% | -24.7% |
% Hispanic | 19.4% | 131.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 2.4% | -64.7% |
Mortgage and Risk — Morton, MS
According to HUD data as of 2023, there were 54 mortgage originations in Morton, MS, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Morton, MS. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Rentals and Section 8 — Morton, MS
Morton, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 51 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 98.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Morton, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.3 |
| Median Home Price | $122,000 |
| Median Household Income | $53,300 |