Housing Prices in Jackson, MS

How much do homes in Jackson, MS cost?

Median List Price

$113,240

$71/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$13,486(-10.6%)

Key Takeaway

The list price of homes in Jackson has decreased by 10.6% since last year.

Summary: The median home list price in Jackson was $113,240 in March 2024, down 10.6% from the previous year, and the median price per square foot was $71.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $89.9K$50.9K
-43.4%
2 $65K$53K
-18.3%
3 $109.2K$90K
-17.5%
4 $204.9K$195.1K
-4.8%
5+ $299.9K$299K
-0.3%

Summary: Jackson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.4%, 2 bedroom homes decreased by 18.3%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 0.3%.

Median List Price Compared To Nearby Cities

Pearl
+5.0%
Richland
0.0%
Flowood
-4.6%
Jackson
-10.6%

Housing Supply in Jackson, MS

How many homes are available in Jackson, MS?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,1031,205+9.2%

Summary: The Jackson real estate market had 1,205 homes for sale in March 2024, a 9.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 54
-20.0%
2 113126
+11.5%
3 664708
+6.6%
4 246285
+15.9%
5+ 7582
+9.3%

Summary: The Jackson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 9.3%.

Days on Market for Jackson, MS

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

Average Listing Age

Mar 2023Mar 2024CHANGE
155 Days202 Days+30.6%

Summary: Homes in Jackson had an average listing age of 202 days in Mar 2024, up by 30.6% compared to the previous year.

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

Report Updated 24 Days Ago

Newest Listings in Jackson, MS

Nearby Markets to Jackson, MS

What housing markets are near Jackson, MS?