Real Estate Investing in Raleigh, Mississippi (39152)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Smith County • Population: 714 • Data updated: September 2026

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Should you buy in 39152 (Raleigh, MS)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (46/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 12.3% of homes vacant — above national norms.
  • Declining values: -0.7% 5-year CAGR — values have moved lower.
  • Elevated poverty: 21.8% poverty rate — can affect rent collection.
  • Lower household income: $37,813 median — tenant affordability is tighter.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Raleigh, MS (39152)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $145,369
Avg Monthly Rent $864
1% Rule ✗ Does Not Meet
Median Income $37,813
% Renters 6.1%

Market Analysis: 39152 Raleigh

On balance, ZIP 39152 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $145K median. It rewards specialists, not generalists.

The investment case in 39152 is resilient only for operators who understand what they are buying. A $145K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Within MS, ZIP 39152 trails on several market indicators that neighboring Smith County submarkets outperform. The gap is real and significant enough to shape underwriting.

Who lives in 39152 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Experienced landlords with local relationships tend to find 39152 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Raleigh:

C Below Average
Buy Confidence Score: 50/100
Affordability
15/25
Appreciation
5/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.8× the median income
Value Trend
Rising (+4.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $864/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.

Market Trends

Home Value History (with trend line)

$161K$155K$149K$143K$137K$132KFeb 2021Nov 2023Jul 2026

📊 How Does 39152 Compare?

Metric 39152 Raleigh Mississippi
Home Value $145,369 $145,514 $186,446
5-Year CAGR N/A N/A 4.0%
Avg Rent $864 $819 -
Cap Rate 4.6% 4.4% -
💡 Why Invest in 39152? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 39152 (Raleigh, MS). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.6%
Fair
5yr Growth
-0.7%
Declining

📊 Market Snapshot

Home Value $145,369
Monthly Rent $864
Price-to-Rent 14.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 7.1%
Cap Rate 4.6%
5-Year IRR 3.9%

📈 Home Appreciation

1-Year +4.9% ▲
3-Year CAGR +1.2% ▲
5-Year CAGR -0.7% ▼
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
12.3%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-0.7%
Flat
Eviction process: Fast Rent control: Favorable

Demographics in 39152

Population: 714

💰 Median Household Income
$37,813
This area
$37,813
State
$48,827
USA
$74,580
🏠 Renter Occupied
6.1%
This area
6.1%
State
27.7%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-17.6%
USA
3.7%
🎓 College Educated
6.1%
This area
6.1%
State
-11.7%
USA
33.7%
👤 Median Age
35.9 years
This area
35.9 years
State
10.7 years
USA
38.9 years
🏚️ Vacancy Rate
12.3%
This area
12.3%
State
18.7%
USA
10.5%
👥 Population by Ethnicity
White 82.1%
Black/African American 17.9%
👶 Under 18
31.2%
This area
31.2%
USA
22.0%
👴 65 and Over
17.6%
This area
17.6%
USA
17.3%
📊 Poverty Rate
21.8%
This area
21.8%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

Frequently Asked Questions

What are rental rates like in Raleigh, MS?

Expect rents around $864/mo per month in Raleigh, MS. With home values at $145K, the yield math works out to reasonable levels for rental investors.

How deep is the rental pool in Raleigh, MS?

Tenant quality in Raleigh, MS ranks as solid. Landlords generally report predictable occupancy at market rents of $864/mo.

What is the average home sale price in Raleigh, MS?

The median home value in Raleigh, MS is roughly $145K. That puts it reasonable relative to the MS statewide average.

What approach is best for Raleigh, MS real estate?

Most investors in Raleigh, MS run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

Is Raleigh, MS good for landlords?

The landlord environment in Raleigh, MS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

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