38659 — Marshall County, Mississippi Market Snapshot

Housing market data for zip code 38659 in Marshall County, Mississippi. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 3 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Marshall County county page for broader data.

Market Sales Data

3 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$220,000

Closed sales

Days to Sell

163

Median, listing to close

Homes Sold

3

Closed in 2026

Inventory

8

Conforming Loan Available

Most homebuyers in 38659 can comfortably use conventional financing. The median home price of $220,000 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 163 days on average, 38659 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Conforming Loan Feasibility

Most homebuyers in 38659 can comfortably use conventional financing. The median home price of $220,000 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 38659 are set at the county level.

2026 Loan Limits — Marshall 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 38659

To purchase the median home at $220,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,836.

Monthly Payment

$1,836

Income Required

$78,667

Principal & Interest

$1,356/mo

Down Payment (5%)

$11,000

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 38659.

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Estimated Monthly Payment

$1,512

Principal & Interest$1,142
Property Tax$220
Insurance$150
Loan Amount$176,000
Total Interest$234,951
Income Required$64,780/yr

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