HousingHandbookReference data

U.S. ZIP Code · MS39465

Forrest County · Hattiesburg, MS

Typical home value

$224,070[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.4%
5-year / yr
+4.3%
10-year / yr
+4.0%

Relative price

vs U.S.
-21.1%
vs metro
+39.5%
vs state
+47.5%
ZIP 39465 location in MS
Location of ZIP 39465 in MS

Price history

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

The typical home in 39465 is worth $224,070 — 39.5% above the Hattiesburg, MS median. Over the past year, values have risen 1.4%. Homes here rent for a typical $1,321 a month — a 7.1% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent
$1,321[2]
Gross yield
7.1%[2]
Cap rate
4.2%[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$1,504[3]

#Climate risk

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

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

#Who lives here

Population
22,882[3]
Median household income
$74,035[3]

#Migration

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

Net migration
-66[5]
Moved in
2,573
Moved out
2,639

Schools

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

Public schools
6
Elementary
3
Middle
2
High
1
  • PETAL HIGH SCHOOL

    High · Grades 9–12 · PETAL SCHOOL DIST

    1,335 students

  • PETAL PRIMARY SCHOOL

    Elementary · Grades PK–2 · PETAL SCHOOL DIST

    1,089 students

  • PETAL MIDDLE SCHOOL

    Middle · Grades 7–8 · PETAL SCHOOL DIST

    680 students

  • PETAL UPPER ELEMENTARY SCHOOL

    Middle · Grades 5–6 · PETAL SCHOOL DIST

    665 students

  • PETAL ELEMENTARY

    Elementary · Grades 3–4 · PETAL SCHOOL DIST

    631 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 yield7.1%
Net yield (after ~40% expenses)4.2%
Annual rent$15,855

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$1,133
Loan principal$179,256
Down payment$44,814
Total interest paid$228,631

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 ratio1.09
Monthly cost to own$1,445
Monthly rent$1,321

Owning and renting are roughly even.

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
67th percentile[1]
Rental yield
50th percentile[2]
Property tax
89th percentile[3]

Frequently asked

How much is a home worth in ZIP code 39465?
The typical home in 39465 is worth $224,070, based on the Zillow Home Value Index.
Are home values rising in 39465?
Home values in 39465 are up 1.4% over the past year, and up 4.3% a year over five years.
What is the typical rent in 39465?
A typical home in 39465 rents for about $1,321 a month, a gross rental yield of 7.1%.
What is the property tax rate in 39465?
The effective property tax rate in 39465 is 0.7% — roughly $1,504 a year on a typical home.
Who lives in 39465?
ZIP code 39465 has a population of 22,882 and a median household income of $74,035.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Purvis, MS

    Typical home
    $241,546
    Gross yield
  • Sumrall, MS

    Typical home
    $261,531
    Gross yield
  • Hattiesburg, MS

    Typical home
    $278,860
    Gross yield
    6.4%
  • Richton, MS

    Typical home
    $162,933
    Gross yield
  • MS

    Typical home
    $158,407
    Gross yield
  • New Augusta, MS

    Typical home
    $148,172
    Gross yield

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