Jackson, MS 39211 Real Estate Market Report

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.

Market Metrics

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

Property Taxes

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. The median sold price is the primary indicator of market value and recent transaction activity, but a median sold price value is not provided in the available metrics; instead sellers are listing at a median listing price $259,450, which may create a useful ceiling for negotiations given the missing transaction-level median sold price.
2. Market velocity shows cooling: the median days on market 47 suggests slower sales velocity and, combined with the reported market temperature as cold, appears to indicate buyers have increased leverage in negotiations.
3. Price direction and listing context are negative: the price year-over-year trend down and the market temperature cold together suggest downward price pressure against the median listing price $259,450, and sellers should expect more robust price concessions.
4. Affordability and financing headwinds are present: the median market rent $1,550 remains steady with rent year-over-year trend flat, while elevated interest rates (Current 30-year fixed mortgage rates averaging approximately 6.9%) and interest rate pressure elevated (noted in metrics) are a negative factor for buyer purchasing power and likely contribute to pricing friction.

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.