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Market Snapshot

Median listing price
$70K

The median listing price in Jackson, MS ZIP 39204 is $69,900 as of September 2026.

Median rent
$995/mo

The median market rent in Jackson, MS ZIP 39204 is $995/month as of September 2026.

Days on market
45 days

The median days on market in Jackson, MS ZIP 39204 is 45 days as of September 2026. The market is currently cold.

Gross rental yield
17.08%

At a median list price of $69,900 and a median rent of $995/month, the gross rental yield in Jackson, MS ZIP 39204 is 17.08% as of September 2026.

Jackson, MS 39204 Real Estate Market Report

ZIP Code: 39204

Report Date: September 2026

Market Temperature:
COLD

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
65
Active Listings
65
Sold Properties
0

Market Metrics

Median Listing Price
$69,900
Median Sold Price
$0
Median Price per Sqft
$54/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$995

Property Taxes

Property Tax Rate
1.76%

Liquidity & Velocity

Median Days on Market
45

Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Price YoY Trend
down
Market Temperature
cold
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Jackson, MS, are approximately 6.99% compared to the 5.99% average observed in early 2026, indicating that property owners in this market currently hold a more favorable interest rate.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. median sold price is not available in the provided metrics, which may indicate limited recent closed-transaction data or data suppression for this ZIP; without a reported median sold price, using recent transaction-level valuation requires caution.
  2. The pricing snapshot shows a $69,900 median listing price, and the market-level price year-over-year trend is down, which suggests seller expectations may be softening relative to prior periods.
  3. Liquidity signals point to slower velocity: the median days on market is 45 days, consistent with the market temperature labeled cold and indicating longer listing durations and reduced urgency among buyers.
  4. Market drivers are headwinds for near-term demand—interest rate pressure is elevated (elevated), the property rate comparison notes current 30-year fixed mortgage rates in Jackson, MS, are approximately 6.99% compared to the 5.99% average observed in early 2026, and rental performance shows softness with a $995 median market rent and a rent year-over-year trend of down.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

1614 Chapman Dr, Jackson, MS 39204
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds2 baths1,131 sqft
$300,000
$265/sqft
160 days on market
160 Bristol Blvd, Jackson, MS 39204
Premium

Sold above market average

4 beds4 baths2,723 sqft
$250,000
$92/sqft
177 days on market
1319 Dorgan St, Jackson, MS 39204
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds- baths1,131 sqft
$155,000
$137/sqft
1 days on market
2229 Scanlon Dr, Jackson, MS 39204
Premium

Sold above market average

4 beds- baths1,651 sqft
$120,000
$73/sqft
73 days on market
1225 Dardanelle Dr, Jackson, MS 39204
Market Benchmark

Sold at market average

3 beds- baths2,451 sqft
$119,900
$49/sqft
45 days on market
2750 Pinedale St, Jackson, MS 39204
Premium

Sold above market average

3 beds1 baths1,188 sqft
$115,000
$97/sqft
338 days on market
1922 Shamrock Dr, Jackson, MS 39204
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds1 baths1,281 sqft
$95,000
$74/sqft
2 days on market
511 Pinecrest Cir, Jackson, MS 39204
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds2 baths1,948 sqft
$94,900
$49/sqft
2 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 9/10/2026

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