Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$212,335+2.7% YoY · prices are rising
Market right nowBalanced marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$46,030About 0.7× the local median income ($67,249): affordable for a typical household
Days on market78 daysAbout the same pace as a year ago
Next 12 months+1.7%Zillow expects prices to rise slightly
The typical home in Jackson, MS is worth $212,335, up 2.7% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $209,142, so the area is 1.5% overvalued. It is a balanced market: homes take about 78 days to sell, listings are up 7% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 1.7% over the next year. A household needs about $46,030 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,249. Typical rent is $1,470 a month, or $1,574 for a house. In the latest IRS figures, 2,782 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$212,335
Change in 1 year
+2.7%
Overvalued %
+1.5%
Show 7 more
Fair home value
$209,142
Change in 5 years
+19.0%
Zillow forecast, next 12 months
+1.7%
Home value to income
3.2×
Monthly mortgage payment (20% down)
$1,151
Income needed to afford it
$46,030
Property tax rate
0.71%
Rent and investing
Typical rent
$1,470
Typical rent for houses
$1,574
Price-to-rent ratio
12.0×
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HUD Fair Market Rent, 2 bedrooms
$1,241
Gross rental yield
8.31%
Cap rate (estimate)
5.40%
Market activity
Listings vs a year ago
+7.1%
Days on market
78
Listings with a price cut
19.8%
Show 3 more
Homes for sale
1,985
Pending sales per 100 listings
34
Asking price per sq ft
$148
People and jobs
Median household income
$67,249
Population change (1 year)
+0.2%
Unemployment rate
5.7%
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Population
609,847
Income adjusted for cost of living
$75,561
Net moves in (IRS)
−2,782
Cost of living (US = 100)
89.0
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
82.4
Unhealthy air days a year
0
Show 4 more
Flood risk score
77.7
Wildfire risk score
53.3
Walkability (1 to 20)
7.0
Road, rail and air noise
53 dB
Questions people ask
Is Jackson, MS overvalued?
Home prices in Jackson, MS are slightly above what local incomes have historically supported: fair value is about $209,142, so the area is 1.5% overvalued.
Is Jackson, MS a buyer's or seller's market?
Jackson, MS is a balanced market: homes take about 78 days to sell, listings are up 7% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Jackson, MS?
Home values in Jackson, MS are up 2.7% over the last year. Zillow's forecast for the next 12 months is +1.7%.
How much do you need to earn to buy a home in Jackson, MS?
A household needs about $46,030 a year to afford the typical home in Jackson, MS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,249.