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Inverness town, MS

ZIP 38753 — 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 38753

Median Home Value
$134,300
Median Rent
$375
Affordability Snapshot
$37,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$863/mo PITI).

8%
Rent-to-Income Ratio

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

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

29.8 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 38753 in Inverness town, MS, a household would need roughly $37,000 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 $863. That sits below the local median household income ($53,790), 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
60.7%-7% vs US avg
x
Vacancy Rate
12.9%+26% vs US avg
x
Broadband Access
63.9%-27% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
3.9%-69% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
7.0%-86% vs US avg
x
Mortgage-Free
39.2%+3% vs US avg
x
$134,300
Home Value
$375
Rent
1977
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached84.0%
  • 1-unit attached0.0%
  • 2-9 units7.8%
  • 10+ units0.5%
  • Mobile home & other7.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$134,300
Median rent$375
Owner-occupied60.7%
Vacant12.9%
Price-to-income2.5x
Est. income to buy$37,000