Housing Prices in Jackson, MS

How much do homes in Jackson, MS cost?

Median List Price

$109,993

$71/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

-$19,436(-15.0%)

Key Takeaway

The list price of homes in Jackson has decreased by 15% since last year.

Summary: The median home list price in Jackson was $109,993 in May 2024, down 15% from the previous year, and the median price per square foot was $71.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $88.4K$69.9K
-20.9%
2 $70K$65K
-7.1%
3 $109.9K$87.4K
-20.4%
4 $224.9K$190.4K
-15.3%
5+ $309.9K$299K
-3.5%

Summary: Jackson housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.9%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes decreased by 3.5%.

Median List Price Compared To Nearby Cities

Richland
+17.1%
Pearl
+7.8%
Flowood
+2.4%
Jackson
-15.0%

Housing Supply in Jackson, MS

How many homes are available in Jackson, MS?

Number of Homes For Sale

Apr 2024May 2024CHANGE
739767+3.8%

Summary: The Jackson real estate market had 767 homes for sale in May 2024, a 3.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 7478
+5.4%
3 415420
+1.2%
4 188198
+5.3%
5+ 6169
+13.1%

Summary: The Jackson housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 13.1%.

Days on Market for Jackson, MS

How long does it take to sell a home in Jackson, MS?

Average Listing Age

May 2023May 2024CHANGE
141 Days103 Days-27.0%

Summary: Homes in Jackson had an average listing age of 103 days in May 2024, down by 27% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Jackson, MS

Nearby Markets to Jackson, MS

What housing markets are near Jackson, MS?