39204 — Hinds County, Mississippi Market Snapshot
Housing market data for zip code 39204 in Hinds County, Mississippi. Updated monthly with median prices, days on market, and more.
Market Sales Data
14 sales in 2026 (year to date)
Median Sale Price
$25,000
Days to Sell
36
Homes Sold
14
Inventory
70
Sale-to-List
85.4%
New Listings
42
Price/SqFt
$21
Pending Sales
29
Conforming Loan Available
Most homebuyers in 39204 can comfortably use conventional financing. The median home price of $25,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
39204's market is balanced with homes taking an average of 36 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 39204 sells for 14.6% below asking price (85.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 39204 can comfortably use conventional financing. The median home price of $25,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 39204 are set at the county level.
2026 Loan Limits — Hinds County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 39204
To purchase the median home at $25,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $342.
Monthly Payment
$342
Income Required
$14,637
Principal & Interest
$154/mo
Down Payment (5%)
$1,250
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 39204.
Estimated Monthly Payment
$305
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