ZIP Code 39307 — Meridian, MS Home Prices (2026)

The typical home in ZIP 39307 (Meridian, Mississippi) is worth about $62,000 at roughly $64 per square foot — 35% more affordable than the Meridian median and 79% more affordable than the typical U.S. home.

$62,000

Typical home value

$64

Price per sq ft

#3 of 3

Meridian ZIPs by value

-35%

vs Meridian median

How 39307 compares

ZIP 39307 is one of the more affordable ZIP codes in Meridian: its typical home value of $62,000 ranks #3 of the 3 Meridian ZIP codes we track (the citywide range runs from $62,000 in 39307 to $190,000 in 39305). Per square foot it costs about $64, against $99 for Meridian as a whole, $119 for Mississippi, and $195 nationally.

Area	Typical value	$ / sq ft
ZIP 39307	$62,000	$64
Meridian, MS	$95,000	$99
Mississippi	$156,000	$119
United States	$294,000	$195

Home value by size in 39307

Using this ZIP’s rate of about $64 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home size	Estimated value
1,000 sq ft	$64,000
1,500 sq ft	$96,000
2,000 sq ft	$128,000
2,500 sq ft	$160,000
3,000 sq ft	$192,000

Salary needed to buy a home in ZIP 39307

To buy the typical $62,000 home in ZIP 39307 with 20% down, you need a household income of roughly $17,000 a year (about $390 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $20,000, because the loan is bigger and mortgage insurance kicks in.

Down payment	Cash down	Monthly payment	Income needed
5% (+PMI)	$3,100	$490/mo	$21,000/yr
10% (+PMI)	$6,200	$470/mo	$20,000/yr
20%	$12,400	$390/mo	$17,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 39307

At about $64 per square foot, here is roughly how much home different budgets get you in ZIP 39307:

Budget	Approx. size	What that looks like locally
$150k	2340 sq ft	above the median — larger homes or the pricier ZIPs
$200k	3130 sq ft	above the median — larger homes or the pricier ZIPs
$250k	3910 sq ft	above the median — larger homes or the pricier ZIPs
$300k	4690 sq ft	above the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 39307 home.

Estimate a specific home in 39307

The estimator below is pre-set to ZIP 39307 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Meridian ZIP codes by home value

Where 39307 sits among Meridian’s 3 ZIP codes:

#	ZIP code	Typical value	$ / sq ft
1	39305	$190,000	$104
2	39301	$95,000	$99
3	39307 (this page)	$62,000	$64

ZIP 39307 home prices: frequently asked

What is the average home price in ZIP code 39307? +

The typical home in ZIP 39307 (Meridian, MS) is worth about $62,000 as of 2026. That is 35% more affordable than the Meridian median of $95,000 and 79% more affordable than the U.S. median of $294,000.

What is the price per square foot in 39307? +

About $64 per square foot in 39307, versus $99 across Meridian and $119 across Mississippi. At that rate a 1,500 sq ft home runs roughly $96,000 and a 2,500 sq ft home about $160,000.

What salary do you need to buy a house in ZIP 39307? +

For the typical $62,000 home in ZIP 39307, a household income of about $17,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $20,000; with 5% down about $21,000.

Is 39307 an expensive ZIP code? +

Within Meridian, 39307 ranks #3 of 3 ZIP codes by typical home value, which makes it one of the more affordable ZIP codes in Meridian. Nationally it is relatively affordable.

See the full Meridian home values page, all Mississippi cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.