HousingHandbookReference data

U.S. ZIP Code · MS38857

Lee County

Typical home value

$220,907[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.1%
5-year / yr
+6.2%
10-year / yr
+4.8%

Relative price

vs U.S.
-22.2%
vs metro
vs state
+45.4%
ZIP 38857 location in MS
Location of ZIP 38857 in MS

Price history

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

The typical home in 38857 is worth $220,907. Over the past year, values have risen 6.1%. The effective property tax rate is 0.5%.

#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
0.5%[3]
Typical annual tax
$1,151[3]

#Climate risk

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

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

#Who lives here

Population
4,132[3]
Median household income
$93,021[3]

#Migration

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

Net migration
+7[5]
Moved in
2,078
Moved out
2,071

Schools

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

Public schools
3
Elementary
1
Middle
1
High
1
  • MOOREVILLE ELEMENTARY SCHOOL

    Elementary · Grades PK–5 · LEE COUNTY SCHOOL DISTRICT

    703 students

  • MOOREVILLE HIGH SCHOOL

    High · Grades 9–12 · LEE COUNTY SCHOOL DISTRICT

    460 students

  • MOOREVILLE MIDDLE SCHOOL

    Middle · Grades 6–8 · LEE COUNTY SCHOOL DISTRICT

    351 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$1,117
Loan principal$176,726
Down payment$44,181
Total interest paid$225,404

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$1,397
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 38857?
The typical home in 38857 is worth $220,907, based on the Zillow Home Value Index.
Are home values rising in 38857?
Home values in 38857 are up 6.1% over the past year, and up 6.2% a year over five years.
What is the property tax rate in 38857?
The effective property tax rate in 38857 is 0.5% — roughly $1,151 a year on a typical home.
Who lives in 38857?
ZIP code 38857 has a population of 4,132 and a median household income of $93,021.

Compare ZIPs

Pit ZIP 38857 against any other ZIP — full side-by-side table.

Compare 38857

#Jump to section