MS · Metro #98

Jackson - MS housing market

The Jackson metro has a typical home value of $214,315, up 2.9% from a year ago. Homes sell in 27 days on average, a balanced market. 24% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$214,315
+2.9% vs. year ago
Median sale price
$267,392
+5.9% YoY
Median list price
$262,467
Sale-to-list ratio
96.9%
Selling below ask
Days on market
27d
Listings w/ price cut
24.4%
New listings / mo
587
+7.1% YoY
Homes for sale
2,333
+9.9% YoY
Typical rent
$1,506/mo
+4.1% YoY
Income needed to buy
$62,400
October 2026 report · Zillow data through August 2026

Jackson housing market, October 2026

The typical Jackson home is worth $214,315 as of August 2026, down 0.0% from the prior month, down 0.0% over three months, and up 2.9% from a year ago. Over the past two years values have ranged from $201,976 to $214,502.

Homes are going pending in about 27 days, slower than the 20 days seen three months earlier. There are roughly 2,333 homes for sale, 10% more than a year ago. 24.4% of listings have taken a price cut (up from 23.1% three months ago).

Typical rent is $1,506 a month, up 4.1% year over year, which puts the price-to-rent ratio at 11.9.

At this week's 7.40% mortgage rate with 20% down ($42,863), the typical Jackson home costs about $1,455 a month including tax and insurance, which needs a household income of roughly $62,400 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$215k$202kSep 24Sep 25Aug 26
Days to pending, 24 months
39d19dSep 24Sep 25Aug 26
Homes for sale, 24 months
2.3k1.8kSep 24Sep 25Aug 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($214,315) 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 2.9% over the past year. In Jackson - MS, that means a home worth $208,275 last year is now worth roughly $214,315.

The median sale price, what homes actually close for, is $267,392. Homes are selling at 96.9% of list price, meaning buyers have room to negotiate.

Homes listed in Jackson - MS sit on the market for roughly 27 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 587 new listings hit the market each month in Jackson - MS. There are currently 2,333 homes for sale, up 9.9% from a year ago.

The typical monthly rent in Jackson - MS is $1,506, up 4.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 11.9x, buying territory (#192 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,187 a month in principal and interest, $319 less than renting before taxes, insurance and upkeep. The two break even at a 10.01% rate.

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.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →

Related

Other metros in MS

MetroHome value1-yr changeDays on market
Gulfport - MS$224,579 +1.8% 33.0d
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