Purvis, MS—39475
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Purvis, MS
As of Oct '25, the median home price in Purvis, MS is $235,000, with a year-over-year change of 4.8%. This indicates that home prices in Purvis, 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 | $235,000 | 4.8% |
| Single Family | $235,000 | 4.9% |
| 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 | $238,000 | 5.3% |
4 Bed | N/A | N/A |
| 5 Bed | $153,000 | 5.5% |
% of Housing Stock
Rental Trends — Purvis, MS
As of July '25, Rentcast reports the average rent in Purvis, MS is $1,180, with a year-over-year rent change of -11.3%. Per bedroom, the median rent as of July '25 in Purvis, MS is 2-bedrooms: $1,100, 3-bedrooms: $1,370. The most common rental property sizes in Purvis, MS are 2-bedroom and 3-bedroom, accounting for 64.5% and 18.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,050 | $1,100 |
| 3 Bed Rent | $1,350 | $1,370 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Purvis, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Purvis, MS is 71. This is a increase of 11.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | 13.0% |
Listing Count | 45 | 0.0% |
| Listings as % of Homes | 0.7% | 0.0% |
Days on Market | 71 | 11.0% |
Demographics — Purvis, MS
As of the latest ACS Survey released in 2023, Purvis, MS has a population of 14,600, which has increased by 8.7% over the past 5 years. Purvis, MS is a moderately popular place for families, as children make up 23.6% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,600 | 8.7% |
% Under 18 | 23.6% | -12.3% |
% Seniors | 14.2% | 2.9% |
% WFH | 3.5% | 52.2% |
% w/ College Degree | 28.7% | 8.7% |
As of the latest ACS Survey released in 2023, Purvis, MS is a predominantly white area, with 81.7% of the population identifying as white. The white population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Purvis, MS is black, making up 14.6% of the population. Foreign-born residents account for 0.8% of the population in Purvis, MS, and this percentage has decreased by 20.0% 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 | 81.7% | 3.9% |
% Black | 14.6% | 0.0% |
% Hispanic | 1.6% | -62.8% |
% Asian | 0.8% | -20.0% |
% Foreign Born | 0.8% | -20.0% |
Mortgage and Risk — Purvis, MS
According to HUD data as of 2023, there were 220 mortgage originations in Purvis, MS, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Purvis, MS. Investor activity is low, as 3.0% 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 | 220 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Purvis, MS
Purvis, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 63 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | 4.9% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $960 |
| 2 Bedroom | $100 | $1,050 | $1,150 |
| 3 Bedroom | $110 | $1,350 | $1,460 |
| 4 Bedroom | N/A | N/A | $1,520 |
Affordability — Purvis, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $235,000 |
| Median Household Income | $66,900 |