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314 Coursey St, Raleigh, MS, 39153

4beds
2baths
2,847sqft
$260,000
$91price/sqft
$2,054/moest. monthly cost
$82,160/yrincome needed

About This Home

Situated in the heart of town with an immense yard, this home has plenty to offer. The covered porches provide room for outdoor entertaining while enjoying the yard filled with trees and finished landscaping. Inside, the kitchen is equipped with an 8ft counter, double wall oven, and dining area as well as a deep pantry with shelving. The living area has ample windows for natural light, and the first three bedrooms have plenty of space. The master bedroom is complete with a gas log insert, bookshelves, huge attached closet and door leading straight to a private back porch. As an added bonus, there is an enclosed, two story shop at the back for hobbies and storage.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

6/10
Raleigh Elementary SchoolGrades PK-60.4 mi
6/10
Raleigh High SchoolGrades 7-122.8 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Retaining Wall
  • Roof: Metal

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dryer,Freezer,Microwave,Range / Oven,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Concrete,Laminate,Linoleum / Vinyl
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other,Gas
  • Cooling features: Central,Other

Interior Area

  • Total interior livable area: 2,847 sqft

Property

Details

  • Parcel number: 061I12000009

Features

  • Exterior features: Other,Vinyl,Brick,Cement / Concrete

Lot

  • Lot size: 2.90 Acres

Parking

  • Total spaces: 2
  • Parking features: Carport,Off-street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Lightning
Strong Wind
Tornado
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Winter Weather

FEMA Declared Disasters in Smith County and Mississippi

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,314$15,768
Home Insurance *$394$4,728
Property Taxes $82$984
Electricity $264$3,176
Total$2,054$24,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,422/yr
40% on housing$61,620/yr
45% on housing$54,773/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.9%
5.9%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -12.7%
-12.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$91This listing

vs Other Active Listings

Avg $/sqft

ZIP 39153$61
Smith County$79

vs Homes Sold Last Month

Median $/sqft

ZIP 39153
Smith County$101

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-03Listed for sale$260,000
2015-04-20Sold--
2015-02-10Listed for sale$87,000

For Sale by Owner

AgentProperty Owner

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