US5.com
  1. Home
  2. States
  3. Mississippi
  4. ZIP 38751
  5. Housing & Real Estate
Indianola city, MS

ZIP 38751 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 38751

Median Home Value
$126,200
Median Rent
$479
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$811/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 38751 in Indianola city, MS, a household would need roughly $35,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $811. That sits below the local median household income ($42,965), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
55.4%-15% vs US avg
x
Vacancy Rate
13.4%+30% vs US avg
x
Broadband Access
66.5%-24% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
2.5%-80% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
18.6%-63% vs US avg
x
Mortgage-Free
60.8%+59% vs US avg
x
$126,200
Home Value
$479
Rent
1973
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached79.3%
  • 1-unit attached1.8%
  • 2-9 units15.2%
  • 10+ units2.6%
  • Mobile home & other1.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$126,200
Median rent$479
Owner-occupied55.4%
Vacant13.4%
Price-to-income2.9x
Est. income to buy$35,000