39648 — Pike County, Mississippi Market Snapshot
Housing market data for zip code 39648 in Pike County, Mississippi. Updated monthly with median prices, days on market, and more.
Market Sales Data
31 sales in 2026 (year to date)
Median Sale Price
$151,000
Days to Sell
65
Homes Sold
31
Inventory
68
Sale-to-List
92.1%
New Listings
57
Price/SqFt
$83
Pending Sales
39
Conforming Loan Available
Most homebuyers in 39648 can comfortably use conventional financing. The median home price of $151,000 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 65 days on average, 39648 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 39648 sells for 7.9% below asking price (92.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 39648 can comfortably use conventional financing. The median home price of $151,000 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 39648 are set at the county level.
2026 Loan Limits — Pike 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 39648
To purchase the median home at $151,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,307.
Monthly Payment
$1,307
Income Required
$56,010
Principal & Interest
$930/mo
Down Payment (5%)
$7,550
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 39648.
Estimated Monthly Payment
$1,085
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