38940 — Holcomb, MS Home Values
Typical home value $149,609 as of June 2026 · 1st of 4 in Grenada, MS
Blue: typical home value (Zillow ZHVI) in ZIP code 38940, June 2021 to June 2026. This page shows observed data only; no forecast.
How 38940 compares in the Grenada, MS area
ZIP code 38940 (Holcomb, MS) has a typical home value of $149,609 as of June 2026, ranking 1st of 4 ZIP codes tracked in the Grenada, MS area, the most expensive ZIP code in the metro. Prices here have moved -3.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +9.0%, from $137,312 in June 2021 to $149,609 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Grenada, MS forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Grenada.
Population and demographics
ZIP code 38940 has a population of 1,741, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 73% White, 12.3% Black or African American, 11.6% two or more races, and 3% Hispanic or Latino.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| GRENADA HIGH | 1875 FAIRGROUND ROAD, GRENADA, MS | 12.7 mi |
| GRENADA MIDDLE SCHOOL | 28 JONES ROAD, GRENADA, MS | 12.8 mi |
| GRENADA VOC COMPLEX | 2035 JACKSON AVENUE, GRENADA, MS | 12.9 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 38940?
$149,609 as of June 2026, the latest month Zillow has published observed data for.
Is 38940 an expensive ZIP code in the Grenada, MS area?
38940 ranks 1st of 4 ZIP codes in the Grenada, MS area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 38940 changed over the past year?
-3.3% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 38940?
1,741, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 38940?
GRENADA HIGH (12.7 mi), GRENADA MIDDLE SCHOOL (12.8 mi), GRENADA VOC COMPLEX (12.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 38940?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Grenada, MS forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.