Jackson, MS—39213
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 $44,000, with a year-over-year change of 9.4%. This indicates that home prices in Jackson, MS are increasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $44,000 | 9.4% |
| Single Family | $44,000 | 7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $27,000 | 3.8% |
3 Bed | $48,000 | 9.1% |
4 Bed | $89,000 | 1.1% |
| 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 $945, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Jackson, MS is 1-bedrooms: $680, 2-bedrooms: $865, 3-bedrooms: $1,040, 4-bedrooms: $1,700. The most common rental property sizes in Jackson, MS are 3-bedroom and 2-bedroom, accounting for 39.3% and 28.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $847 | $945 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $660 | $680 |
| 2 Bed Rent | $750 | $865 |
| 3 Bed Rent | $1,100 | $1,040 |
| 4 Bed Rent | $1,700 | $1,700 |
% 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 56. This is a increase of 111.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $77,000 | 13.0% |
Listing Count | 39 | 18.0% |
| Listings as % of Homes | 0.2% | 18.0% |
Days on Market | 56 | 111.0% |
Demographics — Jackson, MS
As of the latest ACS Survey released in 2023, Jackson, MS has a population of 18,800, which has decreased by -10.1% over the past 5 years. Jackson, MS is a moderately popular place for families, as children make up 24.0% of the population. The area has a poorly educated workforce, with 14.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | -10.1% |
% Under 18 | 24.0% | -1.2% |
% Seniors | 20.9% | 20.8% |
% WFH | 4.8% | 433.3% |
% w/ College Degree | 14.6% | -9.9% |
As of the latest ACS Survey released in 2023, Jackson, MS is a predominantly black area, with 95.3% of the population identifying as black. The black population has shrunk by 2.9% in the last 5 years. The second most common race or ethnicity in Jackson, MS is white, making up 2.2% of the population. Foreign-born residents account for 0.4% of the population in Jackson, MS, and this percentage has increased by 33.3% 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 | 2.2% | 46.7% |
% Black | 95.3% | -2.9% |
% Hispanic | 1.1% | 175.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.4% | 33.3% |
Mortgage and Risk — Jackson, MS
According to HUD data as of 2023, there were 61 mortgage originations in Jackson, MS, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 38.0% 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. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% 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 35.9%. 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. 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 | 1,555 |
Total Units Section 8 | 1,555 |
% Rentals under Section 8 | 35.9% |
% Occupied Section 8 | 86.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $660 | $820 |
| 2 Bedroom | $210 | $750 | $960 |
| 3 Bedroom | $60 | $1,100 | $1,160 |
| 4 Bedroom | -$430 | $1,700 | $1,270 |
Affordability — Jackson, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.7 |
| Median Home Price | $44,000 |
| Median Household Income | $28,100 |