ZIP Code Market Report
38961 โ Tillatoba, MS
Data through February 2026 ยท Updated monthly
Avg Home Value
$153,800
โฒ 2.5% year-over-year
Month-over-Month
+1.9%
โฒ 1.9%
Single Family
$150,099
Condo / Co-op
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The average home value in the 38961 ZIP code (Tillatoba, MISSISSIPPI) is $153,800 as of February 2026. Home prices are rising, up 2.5% compared to last year.
The market in 38961 has a $175,936 spread between bottom-tier homes at $91,894 and top-tier homes at $267,830. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Tallahatchie County market area in MISSISSIPPI. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Tallahatchie County report.
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Market Snapshot
38961 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $149,660 | $151,003 | $153,800 | โฒ 2.8% |
| Single Family Value | $143,926 | $147,022 | $150,099 | โฒ 4.3% |
Home Values
38961 Home Value Trend
Historical home values for ZIP code 38961. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
Property Types
Home Values by Property Type in 38961
How different property types compare in this ZIP code.
All Homes
$153,800
Single Family
$150,099
Bottom Tier
$91,894
Top Tier
$267,830
Data Sources and Methodology
Home value data for ZIP code 38961 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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