39209 — Madison County, Mississippi Market Snapshot
Housing market data for zip code 39209 in Madison County, Mississippi. Updated monthly with median prices, days on market, and more.
Market Sales Data
21 sales in 2026 (year to date)
Median Sale Price
$45,000
Days to Sell
53
Homes Sold
21
Inventory
58
Sale-to-List
90.4%
New Listings
46
Price/SqFt
$31
Pending Sales
50
Conforming Loan Available
Most homebuyers in 39209 can comfortably use conventional financing. The median home price of $45,000 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
39209's market is balanced with homes taking an average of 53 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 39209 sells for 9.6% below asking price (90.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 39209 can comfortably use conventional financing. The median home price of $45,000 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 39209 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 39209
To purchase the median home at $45,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $495.
Monthly Payment
$495
Income Required
$21,205
Principal & Interest
$277/mo
Down Payment (5%)
$2,250
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 39209.
Estimated Monthly Payment
$429
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