Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +0.5% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, +19.1% YoY, is the number to watch.
The median listing price is up 0.5% YoY while the median home got down 5.6% bigger, so value per square foot is down 2.9%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $82K purchase rents for $1,100/mo: 1.33% of price per month against the 1% rule's 1.00%.
Not shown: Studio (sale only, no matching rent), 5 BR (sale only, no matching rent).
Sales here take about 23 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 39212 itself, not its parent county.
Renters hold 37.8% of this ZIP's 10,227 occupied households, on a median household income of $51K.
| Measure | ZIP 39212 | Hinds County | Difference |
|---|---|---|---|
| Median Household Income | $51K | $49K | +$1K |
| Below Poverty Level | 21.2% | 22.7% | -1.5% |
| Median Age | 36.60 | 36.90 | -0.30 |
| Total Population | 25,659 | 218,533 | -- |
| Avg Household Size | 2.49 | 2.34 | +0.15 |
| Owner-Occupied | 62.2% | 58.3% | +3.9% |
| Worked From Home | 9.7% | 8.6% | +1.1% |
| Mean Commute | 21.20 | 22.30 | -1.10 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 1.8% to 218,533: residents under 18 are down 2.6% and those 65 and over are up 2.1%.
County median household income is $49K, 22.7% of residents are below the poverty level, 8.6% work from home.