Quitman, MS 39355 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Liquidity metrics unavailable due to insufficient data quality.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. median sold price is unavailable for Quitman ZIP 39355 in the provided metrics, which may indicate limited recent transaction reporting or data suppression in the sample rather than a definitive valuation — rely on transaction-level reports or county recorder data to establish a representative recent sale.
2. price year-over-year trend is down, signaling recent weakening in sold prices; paired with the cold market temperature, this suggests pricing pressure and potential downside risk for sellers.
3. market temperature is cold, which, combined with observed slower transaction velocity, appears to reflect excess supply relative to sales activity and creates pricing friction that may extend time-to-contract for SFR and condo listings.
4. median market rent is 695, while rent year-over-year trend is up; with interest rate pressure described as elevated and current mortgage context noted as "Current 30-year fixed mortgage rates in Quitman, MS, are averaging approximately 6.5% as of June 2026, reflecting a period of relative stability compared to the broader rate fluctuations observed throughout the year.", buyers face affordability headwinds even as rental demand strengthens — consider pricing concessions or targeted buyer incentives to improve liquidity.

Notable Properties

The following 2 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.