MS · Metro #98

Jackson - MS housing market

The Jackson metro has a typical home value of $215,622, up 2.8% from a year ago. Homes sell in 22 days on average, a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$215,622
+2.8% vs. year ago
Median sale price
$270,137
+4.9% YoY
Median list price
$269,800
Sale-to-list ratio
96.7%
Selling below ask
Days on market
22d
Listings w/ price cut
23.4%
New listings / mo
622
+10.1% YoY
Homes for sale
2,289
+11.5% YoY
Typical rent
$1,489/mo
+4.4% YoY
Context

How to read this data

The typical home value ($215,622) is the Zillow Home Value Index for the Jackson - MS metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.8% over the past year. In Jackson - MS, that means a home worth $209,749 last year is now worth roughly $215,622.

The median sale price , what homes actually close for , is $270,137. Homes are selling at 96.7% of list price, meaning buyers have room to negotiate.

Homes listed in Jackson - MS sit on the market for roughly 22 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 622 new listings hit the market each month in Jackson - MS. There are currently 2,289 homes for sale, up 11.5% from a year ago.

The typical monthly rent in Jackson - MS is $1,489, up 4.4% year over year. For investors, the price-to-rent ratio here is roughly 12x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in MS

MetroHome value1-yr changeDays on market
Gulfport - MS$224,909 +1.3% 33.0d
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