Housing and Foreclosure Resources
Housing Market Conditions
June 2012 | March 2012
U.S. | Arkansas | Illinois | Indiana | Kentucky | Mississippi | Missouri | Tennessee
Seriously Delinquent Mortgages by Zip Code
June 2012
In June 2012, 8.9 percent of loans in Mississippi were seriously delinquent (delinquent 90 days or more, or in foreclosure). The national rate stood at 7.2 percent.
Change in Seriously Delinquent Mortgages by Zip Code
March 2012 - June 2012
The share of seriously delinquent loans decreased 5 basis points (bps) in Mississippi between March 2012 and June 2012. Loans that were delinquent 90 days or more decreased 2 bps; foreclosures decreased 3 bps.
Top 10 Zip Codes with Mortgages Under Stress
Zip Code | CBSA or County | Seriously Delinquent Mortgages |
---|---|---|
39204 | Jackson, MS | 20.9% |
39212 | Jackson, MS | 16.7% |
39581 | Pascagoula, MS | 14.5% |
39209 | Jackson, MS | 14.4% |
39059 | Jackson, MS | 14.4% |
39180 | Vicksburg, MS | 14.1% |
39206 | Jackson, MS | 14.1% |
38637 | Memphis, TN-MS-AR | 13.9% |
39272 | Jackson, MS | 13.8% |
38751 | Indianola, MS | 13.5% |
House Prices
In the second quarter of 2012, house prices in Mississippi were 0.9 percent higher than the first quarter and 2.5 percent higher than the second quarter of 2011.