HousingHandbookReference data

U.S. ZIP Code · MS38748

Washington County

Typical home value

$57,301[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-21.8%
5-year / yr
10-year / yr

Relative price

vs U.S.
-79.8%
vs metro
vs state
-62.3%
ZIP 38748 location in MS
Location of ZIP 38748 in MS

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 38748 is worth $57,301. Over the past year, values have fallen 21.8%. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$365[3]

#Climate risk

FEMA National Risk Index ratings for Washington County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively High
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Very Low

#Who lives here

Population
3,192[3]
Median household income
$44,615[3]

#Migration

Household moves in and out of Washington County over a year, from IRS tax-return data.

Net migration
-278[5]
Moved in
707
Moved out
985

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
1
Middle
1
High
1
  • SANDERS ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · HOLLANDALE SCHOOL DIST

    253 students

  • SIMMONS HIGH SCHOOL

    High · Grades 9–12 · HOLLANDALE SCHOOL DIST

    172 students

  • SIMMONS JR HIGH SCHOOL

    Middle · Grades 6–8 · HOLLANDALE SCHOOL DIST

    122 students

  • HOLLANDALE ALTERNATIVE PROGRAM

    Other · Grades 1–12 · HOLLANDALE SCHOOL DIST

    0 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$290
Loan principal$45,841
Down payment$11,460
Total interest paid$58,468

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$368
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 38748?
The typical home in 38748 is worth $57,301, based on the Zillow Home Value Index.
Are home values rising in 38748?
Home values in 38748 are down 21.8% over the past year.
What is the property tax rate in 38748?
The effective property tax rate in 38748 is 0.6% — roughly $365 a year on a typical home.
Who lives in 38748?
ZIP code 38748 has a population of 3,192 and a median household income of $44,615.

Compare ZIPs

Pit ZIP 38748 against any other ZIP — full side-by-side table.

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