39071 — Madison County, Mississippi Market Snapshot
Housing market data for zip code 39071 in Madison County, Mississippi. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$388,000
Days to Sell
101
Homes Sold
10
Inventory
12
Sale-to-List
95.4%
New Listings
17
Price/SqFt
$178
Pending Sales
10
Conforming Loan Available
Most homebuyers in 39071 can comfortably use conventional financing. The median home price of $388,000 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
With homes sitting for 101 days on average, 39071 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 39071 sells for 4.6% below asking price (95.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 39071 can comfortably use conventional financing. The median home price of $388,000 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 39071 are set at the county level.
2026 Loan Limits — Madison 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 39071
To purchase the median home at $388,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,123.
Monthly Payment
$3,123
Income Required
$133,831
Principal & Interest
$2,391/mo
Down Payment (5%)
$19,400
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 39071.
Estimated Monthly Payment
$2,551
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 39071. Tell us what you're looking for.