Jackson, MS—39209
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 $41,000, with a year-over-year change of 2.9%. This indicates that home prices in Jackson, MS are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $41,000 | 2.9% |
| Single Family | $41,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $29,000 | 11.5% |
3 Bed | $52,000 | 2.0% |
4 Bed | $94,000 | -5.1% |
| 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 $1,080, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Jackson, MS is 1-bedrooms: $720, 2-bedrooms: $960, 3-bedrooms: $1,130, 4-bedrooms: $1,420. The most common rental property sizes in Jackson, MS are 3-bedroom and 2-bedroom, accounting for 42.2% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,070 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $715 | $720 |
| 2 Bed Rent | $1,000 | $960 |
| 3 Bed Rent | $1,230 | $1,130 |
| 4 Bed Rent | $1,400 | $1,420 |
% 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 90. This is a increase of 46.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $69,000 | 17.0% |
Listing Count | 89 | 10.0% |
| Listings as % of Homes | 0.3% | 10.0% |
Days on Market | 90 | 46.0% |
Demographics — Jackson, MS
As of the latest ACS Survey released in 2023, Jackson, MS has a population of 26,500, which has decreased by -3.0% over the past 5 years. Jackson, MS is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,500 | -3.0% |
% Under 18 | 24.7% | -7.8% |
% Seniors | 15.5% | 30.3% |
% WFH | 7.6% | 484.6% |
% w/ College Degree | 20.2% | 41.3% |
As of the latest ACS Survey released in 2023, Jackson, MS is a predominantly black area, with 90.0% of the population identifying as black. The black population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Jackson, MS is white, making up 7.2% of the population. Foreign-born residents account for 1.1% of the population in Jackson, MS, and this percentage has increased by 10.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 7.2% | 35.8% |
% Black | 90.0% | -3.2% |
% Hispanic | 1.5% | 66.7% |
% Asian | 0.3% | 200.0% |
% Foreign Born | 1.1% | 10.0% |
Mortgage and Risk — Jackson, MS
According to HUD data as of 2023, there were 75 mortgage originations in Jackson, MS, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Jackson, MS. Investor activity is low, as 12.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 12.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Jackson, MS
As of 2024, the percent of homes in Jackson, MS under the Section 8 program is 24.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Jackson, MS, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,501 |
Total Units Section 8 | 1,442 |
% Rentals under Section 8 | 24.2% |
% Occupied Section 8 | 87.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $215 | $715 | $930 |
| 2 Bedroom | $90 | $1,000 | $1,090 |
| 3 Bedroom | $80 | $1,230 | $1,310 |
| 4 Bedroom | $50 | $1,400 | $1,450 |
Affordability — Jackson, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.4 |
| Median Home Price | $41,000 |
| Median Household Income | $35,100 |