Jackson, MS—39211
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 $203,000, with a year-over-year change of 3.6%. This indicates that home prices in Jackson, MS are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $203,000 | 3.6% |
| Single Family | $208,000 | 3.5% |
| Condos | $119,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $121,000 | 0.8% |
3 Bed | $182,000 | 2.2% |
4 Bed | $274,000 | 4.6% |
| 5 Bed | $427,000 | 6.2% |
% of Housing Stock
Rental Trends — Jackson, MS
As of July '25, Rentcast reports the average rent in Jackson, MS is $1,560, with a year-over-year rent change of -14.8%. Per bedroom, the median rent as of July '25 in Jackson, MS is studios: $1,200, 1-bedrooms: $1,090, 2-bedrooms: $1,400, 3-bedrooms: $1,780, 4-bedrooms: $2,060. The most common rental property sizes in Jackson, MS are 2-bedroom and 1-bedroom, accounting for 43.7% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,420 | $1,560 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,060 | $1,090 |
| 2 Bed Rent | $1,300 | $1,400 |
| 3 Bed Rent | $1,650 | $1,780 |
| 4 Bed Rent | $2,010 | $2,060 |
% 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 85. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $264,000 | -4.0% |
Listing Count | 142 | -11.0% |
| Listings as % of Homes | 1.0% | -11.0% |
Days on Market | 85 | -1.0% |
Demographics — Jackson, MS
As of the latest ACS Survey released in 2023, Jackson, MS has a population of 24,200, which has decreased by -1.8% over the past 5 years. Jackson, MS is a popular place for families, as children make up 25.6% of the population. The area has a highly educated workforce, with 54.1% 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 | 24,200 | -1.8% |
% Under 18 | 25.6% | 12.8% |
% Seniors | 13.7% | -3.5% |
% WFH | 7.6% | 100.0% |
% w/ College Degree | 54.1% | -2.3% |
As of the latest ACS Survey released in 2023, Jackson, MS is a predominantly black area, with 58.8% of the population identifying as black. The black population has grown by 25.9% in the last 5 years. The second most common race or ethnicity in Jackson, MS is white, making up 36.5% of the population. Foreign-born residents account for 2.3% of the population in Jackson, MS, and this percentage has increased by 21.1% 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 | 36.5% | -24.9% |
% Black | 58.8% | 25.9% |
% Hispanic | 2.7% | 3.8% |
% Asian | 0.8% | -38.5% |
% Foreign Born | 2.3% | 21.1% |
Mortgage and Risk — Jackson, MS
According to HUD data as of 2023, there were 540 mortgage originations in Jackson, MS, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Jackson, MS. Investor activity is low, as 6.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 540 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Jackson, MS
As of 2024, the percent of homes in Jackson, MS under the Section 8 program is 5.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Jackson, MS, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 246 |
Total Units Section 8 | 244 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $1,060 | $1,190 |
| 2 Bedroom | $100 | $1,300 | $1,400 |
| 3 Bedroom | $40 | $1,650 | $1,690 |
| 4 Bedroom | -$150 | $2,010 | $1,860 |
Affordability — Jackson, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $203,000 |
| Median Household Income | $68,400 |