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Market Snapshot

Median listing price
$250K

The median listing price in Jackson, MS ZIP 39216 is $249,900 as of September 2026.

Median rent
$1,150/mo

The median market rent in Jackson, MS ZIP 39216 is $1,150/month as of September 2026.

Days on market
47 days

The median days on market in Jackson, MS ZIP 39216 is 47 days as of September 2026. The market is currently cold.

Gross rental yield
5.52%

At a median list price of $249,900 and a median rent of $1,150/month, the gross rental yield in Jackson, MS ZIP 39216 is 5.52% as of September 2026.

STR vs LTR
$1,941/mo STR · $1,150/mo LTR

In Jackson, MS ZIP 39216, median Airbnb revenue is $1,941/month compared to median long-term rent of $1,150/month as of September 2026.

Jackson, MS 39216 Real Estate Market Report

ZIP Code: 39216

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
20
Active Listings
20
Sold Properties
0

Market Metrics

Median Listing Price
$249,900
Median Sold Price
$0
Median Price per Sqft
$99/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
$1,150

Property Taxes

Property Tax Rate
0.97%

Liquidity & Velocity

Median Days on Market
47

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
flat
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 6.9%, which is 0.7% higher than the 6.2% average observed earlier in 2026.

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 unavailable in the provided metrics; this absence may indicate limited recent closed-transaction data in the sampled dataset or a reporting lag, so rely cautiously on listing-level and market snapshot metrics when assessing realized market value. unavailable
  2. median listing price is 249,900 while the median price per square foot is 98.8, which—combined with the reported price year-over-year trend being down—suggests sellers may need to temper pricing expectations to achieve timely sales.
  3. median days on market is 47, and the market temperature is described as cold, which appears consistent with slower transaction velocity and elevated inventory relative to sales activity; pricing flexibility or concessions may be necessary to improve liquidity.
  4. median market rent is 1,150 and rent year-over-year trend is flat, but interest rate pressure is elevated (current 30-year fixed ~6.9%, 0.7% higher than earlier in 2026), indicating financing costs remain a near-term headwind for buyer affordability and investor acquisition decisions.

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

146 Ridge Dr, Jackson, MS 39216
Top Sale

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

3 beds3 baths3,739 sqft
$785,000
$210/sqft
1 days on market
299 Wood Dale Dr, Jackson, MS 39216
Premium

Sold above market average

4 beds4.5 baths3,317 sqft
$409,000
$123/sqft
81 days on market
622 Broadway Ave, Jackson, MS 39216
Value

Sold below market average

5 beds3 baths4,877 sqft
$399,000
$82/sqft
128 days on market
1076 Avondale St, Jackson, MS 39216
Market Benchmark

Sold at market average

4 beds3 baths3,592 sqft
$354,900
$99/sqft
306 days on market
1540 Lakeside Dr, Jackson, MS 39216
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds3 baths2,233 sqft
$329,000
$147/sqft
14 days on market
524 Seneca Ave, Jackson, MS 39216
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds- baths2,294 sqft
$249,900
$109/sqft
2 days on market
3977 Nassau St, Jackson, MS 39216
Premium

Sold above market average

2 beds2 baths1,340 sqft
$235,000
$175/sqft
47 days on market
627 Mohawk Ave, Jackson, MS 39216
Value

Sold below market average

3 beds- baths1,978 sqft
$150,000
$76/sqft
308 days on market

Data Sources

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

Report generated: 9/10/2026

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