Jackson, MS—39212
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jackson, MS
As of Nov '25, the median home price in Jackson, MS is $91,000, with a year-over-year change of -2.1%. This indicates that home prices in Jackson, MS are decreasing. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $91,000 | -2.1% |
| Single Family | $91,000 | -3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $36,000 | -2.7% |
3 Bed | $91,000 | -1.1% |
4 Bed | $133,000 | 5.6% |
| 5 Bed | $215,853 | 4.4% |
% of Housing Stock
Rental Trends — Jackson, MS
As of July '25, Rentcast reports the average rent in Jackson, MS is $1,170, 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: $893, 2-bedrooms: $911, 3-bedrooms: $1,190, 4-bedrooms: $1,500. The most common rental property sizes in Jackson, MS are 3-bedroom and 2-bedroom, accounting for 57.0% and 19.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $893 |
| 2 Bed Rent | $850 | $911 |
| 3 Bed Rent | $1,150 | $1,190 |
| 4 Bed Rent | $1,550 | $1,500 |
% of Rental Stock
Property Listings — Jackson, MS
As of Nov '25, Realtor.com reports that the median days on market for a home in Jackson, MS is 78. This is a increase of 35.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $86,400 | -2.0% |
Listing Count | 172 | 11.0% |
| Listings as % of Homes | 0.7% | 11.0% |
Days on Market | 78 | 35.0% |
Demographics — Jackson, MS
As of the latest ACS Survey released in 2023, Jackson, MS has a population of 26,900, which has decreased by -23.1% over the past 5 years. Jackson, MS is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 22.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,900 | -23.1% |
% Under 18 | 28.9% | -9.4% |
% Seniors | 12.1% | 75.4% |
% WFH | 9.1% | 810.0% |
% w/ College Degree | 22.2% | -1.8% |
As of the latest ACS Survey released in 2023, Jackson, MS is a predominantly black area, with 86.0% of the population identifying as black. The black population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Jackson, MS is white, making up 8.8% of the population. Foreign-born residents account for 1.0% of the population in Jackson, MS, and this percentage has decreased by 28.6% 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 | 8.8% | -13.7% |
% Black | 86.0% | -2.7% |
% Hispanic | 3.3% | 200.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.0% | -28.6% |
Mortgage and Risk — Jackson, MS
According to HUD data as of 2023, there were 301 mortgage originations in Jackson, MS, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Jackson, MS. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 301 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 8.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Jackson, MS
As of 2024, the percent of homes in Jackson, MS under the Section 8 program is 31.4%. 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 | 1,238 |
Total Units Section 8 | 1,199 |
% Rentals under Section 8 | 31.4% |
% Occupied Section 8 | 83.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $850 | $1,100 |
| 2 Bedroom | $440 | $850 | $1,290 |
| 3 Bedroom | $400 | $1,150 | $1,550 |
| 4 Bedroom | $160 | $1,550 | $1,710 |
Affordability — Jackson, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $91,000 |
| Median Household Income | $53,300 |