39218 — Rankin County, Mississippi Market Snapshot

Housing market data for zip code 39218 in Rankin County, Mississippi. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

16 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$230,000

Closed sales

Days to Sell

8

Median, listing to close

Homes Sold

16

Closed in 2026

Inventory

13

Sale-to-List

97.6%

New Listings

22

Price/SqFt

$155

Pending Sales

19

Conforming Loan Available

Most homebuyers in 39218 can comfortably use conventional financing. The median home price of $230,000 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

39218 is an extremely competitive market with homes selling in just 8 days on average. Buyers need pre-approval letters ready before making offers.

Sale-to-List Ratio

The average home in 39218 sells for 2.4% below asking price (97.6% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 39218 can comfortably use conventional financing. The median home price of $230,000 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 39218 are set at the county level.

2026 Loan Limits — Rankin 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 39218

To purchase the median home at $230,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,912.

Monthly Payment

$1,912

Income Required

$81,951

Principal & Interest

$1,417/mo

Down Payment (5%)

$11,500

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 39218.

%
%

Estimated Monthly Payment

$1,573

Principal & Interest$1,193
Property Tax$230
Insurance$150
Loan Amount$184,000
Total Interest$245,631
Income Required$67,432/yr

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