Housing Prices in Jackson, MS

How much do homes in Jackson, MS cost?

Median List Price

$109,935

$68/sqft

Based on all homes listed in the last 12 months.

Difference Since January 2023

-$25,064(-18.6%)

Key Takeaway

The list price of homes in Jackson has decreased by 18.6% since last year.

Summary: The median home list price in Jackson was $109,935 in January 2024, down 18.6% from the previous year, and the median price per square foot was $68.

Median List Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $89.9K$50.9K
-43.4%
2 $74.9K$49.5K
-33.9%
3 $119.9K$88.5K
-26.1%
4 $204.9K$189.1K
-7.7%
5+ $299.9K$295K
-1.7%

Summary: Jackson housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.4%, 2 bedroom homes decreased by 33.9%, 3 bedroom homes decreased by 26.1%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 1.7%.

Median List Price Compared To Nearby Cities

Pearl
+2.5%
Richland
-2.9%
Flowood
-7.1%
Jackson
-18.6%

Housing Supply in Jackson, MS

How many homes are available in Jackson, MS?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
1,0981,055-3.9%

Summary: The Jackson real estate market had 1,055 homes for sale in January 2024, a 3.9% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 76
-14.3%
2 109110
+0.9%
3 695654
-5.9%
4 218217
-0.5%
5+ 6968
-1.4%

Summary: The Jackson housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 1.4%.

Days on Market for Jackson, MS

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

Average Listing Age

Jan 2023Jan 2024CHANGE
187 Days196 Days+5.2%

Summary: Homes in Jackson had an average listing age of 196 days in Jan 2024, up by 5.2% compared to the previous year.

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

Report Updated 23 Days Ago

Newest Listings in Jackson, MS

Nearby Markets to Jackson, MS

What housing markets are near Jackson, MS?