Seminary, MS—39479
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Seminary, MS
As of Oct '25, the median home price in Seminary, MS is $181,000, with a year-over-year change of -5.2%. This indicates that home prices in Seminary, MS are decreasing. 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 | $181,000 | -5.2% |
| Single Family | $181,000 | -5.7% |
| 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 | $233,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Seminary, MS
Seminary, 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 — Seminary, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Seminary, MS is 72. This is a decrease of -31.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $288,000 | 15.0% |
Listing Count | 17 | 24.0% |
| Listings as % of Homes | 0.4% | 24.0% |
Days on Market | 72 | -31.0% |
Demographics — Seminary, MS
As of the latest ACS Survey released in 2023, Seminary, MS has a population of 5,690, which has increased by 2.9% over the past 5 years. Seminary, MS is a popular place for families, as children make up 27.9% of the population. The area has a poorly educated workforce, with 14.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,690 | 2.9% |
% Under 18 | 27.9% | 28.6% |
% Seniors | 17.1% | 34.6% |
% WFH | 4.1% | 4,000.0% |
% w/ College Degree | 14.3% | -17.3% |
As of the latest ACS Survey released in 2023, Seminary, MS is a predominantly white area, with 83.4% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Seminary, MS is black, making up 9.7% of the population. Foreign-born residents account for 3.2% of the population in Seminary, MS, and this percentage has increased by Inf% 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 | 83.4% | -12.4% |
% Black | 9.7% | 234.5% |
% Hispanic | 4.3% | 760.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.2% | ∞% |
Mortgage and Risk — Seminary, MS
According to HUD data as of 2023, there were 58 mortgage originations in Seminary, MS, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Seminary, 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 | 58 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Seminary, MS
Seminary, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Seminary, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $181,000 |
| Median Household Income | $48,200 |