Location: Jefferson County, MS | Metro: Adams County, MS
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,080 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,280 |
| 3 Bedrooms | $1,670 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP code 39661, characterized by a median home value of $139,445, suggests a market where pricing power remains relatively stable for the next 12-24 months. The absence of percentage data indicating reductions in listing prices and the unspecified median days on market (DOM) point to a balanced market where neither sellers nor buyers have significant leverage. This stability implies that home values are unlikely to experience dramatic fluctuations, maintaining a consistent base for long-term investment.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is projected at $1,190, while the current market rate stands at $1,097 according to the Census ACS. This signals a positive trend for landlords and small-portfolio investors, as it indicates a gradual increase in rental values. The gap between the FMR and the current market rate suggests potential for rental income growth, aligning with broader economic forecasts and tenant demand trends. Landlords can expect modest increases in rent over the coming years, enhancing cash flow and property profitability.
For long-hold investors considering ZIP 39661, the realistic appreciation thesis revolves around steady growth rather than rapid increases. The combination of a moderate median home value and the projected rise in rental rates points towards a market that supports long-term capital appreciation. While the exact rate of appreciation cannot be pinpointed, the setup implies a favorable environment for those looking to hold properties for extended periods, benefiting from both rental income and gradual property value increases.
To summarize, the data for ZIP 39661 presents a scenario of stability in home values with opportunities for growth in rental income. For investors, this translates into a market where they can maintain their current positions without fear of sudden drops in value, while also positioning themselves to benefit from a slowly rising rental market. This balance offers a solid foundation for long-term investment strategies focused on both rental yields and property appreciation.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.