Pearl, MS 39208 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pearl, MS—39208

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$208,000

2.5% YoY Growth

Household Income

$58,900

20.1% YoY Growth

Days on Market

5.0% Shorter YoY

Home Price Forecast

0.8%

Median Rent

$1,500

5.4% YoY Growth

1-Bed Rent

$1,240

81.6% YoY Growth

2-Bed Rent

$1,450

N/A

3-Bed Rent

$1,600

7.1% YoY Growth

Home Price Trends — Pearl, MS

As of Dec '25, the median home price in Pearl, MS is $208,000, with a year-over-year change of 2.5%. This indicates that home prices in Pearl, MS are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$208,000	2.5%
Single Family	$207,000	2.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pearl, MS

As of July '25, Rentcast reports the average rent in Pearl, MS is $1,590, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Pearl, MS is 1-bedrooms: $1,420, 2-bedrooms: $1,460, 3-bedrooms: $1,670, 4-bedrooms: $1,930. The most common rental property sizes in Pearl, MS are 3-bedroom and 2-bedroom, accounting for 39.6% and 38.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,590
Studio Rent	N/A	N/A
1 Bed Rent	$1,240	$1,420
2 Bed Rent	$1,450	$1,460
3 Bed Rent	$1,600	$1,670
4 Bed Rent	$1,800	$1,930

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% of Rental Stock

Studio

1.2%

1 Bedroom

16.6%

2 Bedrooms

38.7%

3 Bedrooms

39.6%

4 Bedrooms

3.2%

5+ Bedrooms

0.8%

Property Listings — Pearl, MS

As of Dec '25, Realtor.com reports that the median days on market for a home in Pearl, MS is 49. This is a decrease of -17.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$273,000	-3.0%
Listing Count	128	21.0%
Listings as % of Homes	0.6%	21.0%
Days on Market	61	-5.0%

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Demographics — Pearl, MS

As of the latest ACS Survey released in 2023, Pearl, MS has a population of 34,600, which has increased by 6.7% over the past 5 years. Pearl, MS is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	34,600	6.7%
% Under 18	18.6%	-22.8%
% Seniors	14.8%	9.6%
% WFH	5.8%	286.7%
% w/ College Degree	23.4%	35.3%

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As of the latest ACS Survey released in 2023, Pearl, MS is a predominantly white area, with 59.6% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in Pearl, MS is black, making up 31.4% of the population. Foreign-born residents account for 2.7% of the population in Pearl, MS, and this percentage has increased by 28.6% 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	59.6%	-4.6%
% Black	31.4%	-0.9%
% Hispanic	4.6%	21.1%
% Asian	1.9%	171.4%
% Foreign Born	2.7%	28.6%

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Mortgage and Risk — Pearl, MS

According to HUD data as of 2023, there were 473 mortgage originations in Pearl, MS, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Pearl, MS. Investor activity is low, as 3.0% 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	473
% Conventional Loans	60.0%
% Government Loans	40.0%
% Investor Loans	3.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Pearl, MS

As of 2024, the percent of homes in Pearl, MS under the Section 8 program is 6.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Pearl, MS, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	352
Total Units Section 8	351
% Rentals under Section 8	6.7%
% Occupied Section 8	89.7%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$160	$1,240	$1,080
2 Bedroom	-$180	$1,450	$1,270
3 Bedroom	-$70	$1,600	$1,530
4 Bedroom	-$120	$1,800	$1,680

Pearl, MS—39208

Key Metrics at a Glance

Home Price Trends — Pearl, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pearl, MS

% of Rental Stock

Property Listings — Pearl, MS

Demographics — Pearl, MS

Race and Ethnicity

Mortgage and Risk — Pearl, MS

Mortgages

Rentals and Section 8 — Pearl, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Pearl, MS

Home Price to Income Ratio

Pearl, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Whitfield

Richland, MS

Flowood, MS

Jackson, MS

Jackson, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.2
Median Home Price	$208,000
Median Household Income	$58,900

Pearl, MS—39208

Key Metrics at a Glance

Home Price Trends — Pearl, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pearl, MS

% of Rental Stock

Property Listings — Pearl, MS

Demographics — Pearl, MS

Race and Ethnicity

Mortgage and Risk — Pearl, MS

Mortgages

Rentals and Section 8 — Pearl, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Pearl, MS

Home Price to Income Ratio

Pearl, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Whitfield

Richland, MS

Flowood, MS

Jackson, MS

Jackson, MS

Frequently Asked Questions

What is the average home price in Pearl, MS 39208?

How have home prices in Pearl, MS 39208 changed over the past year?

What is the home price projection for Pearl, MS 39208?

What are the demographics of Pearl, MS 39208?

How long does it take homes to sell in Pearl, MS 39208?

What is the average rent price in Pearl, MS 39208?