Jackson, MS—39203
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jackson, MS
As of Oct '25, the median home price in Jackson, MS is $39,000, with a year-over-year change of 14.3%. This indicates that home prices in Jackson, MS are increasing. According to Zillow, the 1-year price projection is -2.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $39,000 | 14.3% |
| Single Family | $39,000 | 11.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $24,000 | 14.3% |
3 Bed | $64,000 | 23.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Jackson, MS
As of July '25, Rentcast reports the average rent in Jackson, MS is $739, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in Jackson, MS is 1-bedrooms: $702, 2-bedrooms: $662, 3-bedrooms: $1,000. The most common rental property sizes in Jackson, MS are 2-bedroom and 1-bedroom, accounting for 32.4% and 31.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $739 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $702 |
| 2 Bed Rent | $600 | $662 |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Jackson, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Jackson, MS is 88. This is a decrease of -36.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $65,000 | 20.0% |
Listing Count | 12 | 12.0% |
| Listings as % of Homes | 0.2% | 12.0% |
Days on Market | 88 | -36.0% |
Demographics — Jackson, MS
As of the latest ACS Survey released in 2023, Jackson, MS has a population of 4,800, which has decreased by -24.5% over the past 5 years. Jackson, MS is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,800 | -24.5% |
% Under 18 | 22.3% | 52.7% |
% Seniors | 12.7% | 13.4% |
% WFH | 3.6% | 176.9% |
% w/ College Degree | 16.9% | -4.0% |
As of the latest ACS Survey released in 2023, Jackson, MS is a predominantly black area, with 94.0% of the population identifying as black. The black population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Jackson, MS is white, making up 4.1% of the population. Foreign-born residents account for 0.6% of the population in Jackson, MS, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 4.1% | -28.1% |
% Black | 94.0% | 1.5% |
% Hispanic | 0.1% | ∞% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 0.6% | -50.0% |
Mortgage and Risk — Jackson, MS
According to HUD data as of 2023, there were 14 mortgage originations in Jackson, MS, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Jackson, MS. Investor activity is low, as 14.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 14 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 14.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Jackson, MS
Jackson, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 184 |
Total Units Section 8 | 163 |
% Rentals under Section 8 | 13.3% |
% Occupied Section 8 | 91.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $700 | $800 |
| 2 Bedroom | $330 | $600 | $930 |
| 3 Bedroom | $120 | $1,000 | $1,120 |
| 4 Bedroom | N/A | N/A | $1,240 |
Affordability — Jackson, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $39,000 |
| Median Household Income | $27,100 |