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103 S Founders Way, Hattiesburg, MS, 39401

5beds
3baths
2,513sqft
$379,990
$151price/sqft
$2,608/moest. monthly cost
$104,320/yrincome needed

About This Home

An open-concept great room and spacious kitchen are ideal for hosting gatherings. The main-level secondary bedrooms are separated from the luxurious primary suite. Upstairs, the large game room and two secondary bedrooms offer flexible living space.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

7/10
Dixie Attendance CenterGrades PK-83.9 mi
8/10
North Forrest High SchoolGrades 7-129.8 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: Meritage Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total interior livable area: 2,513 sqft

Property

Features

  • Levels: 2.0
  • Stories: 2

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2

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

  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Hurricane
    HurricaneRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

FEMA Declared Disasters in Forrest County and Mississippi

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 $1,921$23,052
Home Insurance *$233$2,796
Property Taxes $221$2,652
Electricity $233$2,804
Total$2,608$31,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$89,417/yr
40% on housing$78,240/yr
45% on housing$69,546/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: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.8%
2.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$151This listing

vs Other Active Listings

Avg $/sqft

ZIP 39401$81
Forrest County$106

vs Homes Sold Last Month

Median $/sqft

ZIP 39401
Forrest County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-05Price change$399,990
2026-02-16Price change$400,990
2026-01-30Listed for sale$399,900
2025-10-24Listing removed$424,990
2025-10-22Listed for sale$424,990

New Construction Spec

AgentMeritage Homes
BrokerageMeritage Homes

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