Jackson, MS—39216
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 $211,000, with a year-over-year change of 2.3%. This indicates that home prices in Jackson, MS are increasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $211,000 | 2.3% |
| Single Family | $190,000 | 0.5% |
| Condos | $314,000 | 0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | -6.8% |
3 Bed | $230,000 | 2.7% |
4 Bed | $370,000 | 4.2% |
| 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 $1,710, with a year-over-year rent change of 15.5%. Per bedroom, the median rent as of July '25 in Jackson, MS is 1-bedrooms: $1,240, 2-bedrooms: $1,600, 3-bedrooms: $1,670, 4-bedrooms: $3,880. The most common rental property sizes in Jackson, MS are 2-bedroom and 1-bedroom, accounting for 37.5% and 33.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,710 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $999 | $1,240 |
| 2 Bed Rent | $1,300 | $1,600 |
| 3 Bed Rent | $1,300 | $1,670 |
| 4 Bed Rent | $3,250 | $3,880 |
% 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 87. This is a decrease of -6.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $301,000 | -11.0% |
Listing Count | 34 | 87.0% |
| Listings as % of Homes | 0.9% | 87.0% |
Days on Market | 87 | -6.0% |
Demographics — Jackson, MS
As of the latest ACS Survey released in 2023, Jackson, MS has a population of 3,060, which has decreased by -23.6% over the past 5 years. Jackson, MS is a moderately popular place for families, as children make up 18.1% of the population. The area has a highly educated workforce, with 64.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,060 | -23.6% |
% Under 18 | 18.1% | 26.6% |
% Seniors | 31.1% | 32.3% |
% WFH | 11.6% | 93.3% |
% w/ College Degree | 64.1% | 43.7% |
As of the latest ACS Survey released in 2023, Jackson, MS is a predominantly white area, with 67.6% of the population identifying as white. The white population has grown by 13.2% in the last 5 years. The second most common race or ethnicity in Jackson, MS is black, making up 30.8% of the population. Foreign-born residents account for 1.5% of the population in Jackson, MS, and this percentage has decreased by 53.1% 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 | 67.6% | 13.2% |
% Black | 30.8% | -14.4% |
% Hispanic | 0.7% | -85.1% |
% Asian | 0.7% | -61.1% |
% Foreign Born | 1.5% | -53.1% |
Mortgage and Risk — Jackson, MS
According to HUD data as of 2023, there were 77 mortgage originations in Jackson, MS, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 34.0% above 90% LTV (very high). This implies large 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 | 77 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 14.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Jackson, MS
As of 2024, the percent of homes in Jackson, MS under the Section 8 program is 34.0%. 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 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 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 302 |
Total Units Section 8 | 301 |
% Rentals under Section 8 | 34.0% |
% Occupied Section 8 | 89.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $71 | $999 | $1,070 |
| 2 Bedroom | -$50 | $1,300 | $1,250 |
| 3 Bedroom | $210 | $1,300 | $1,510 |
| 4 Bedroom | -$1,590 | $3,250 | $1,660 |
Affordability — Jackson, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $211,000 |
| Median Household Income | $43,300 |