Market Overview
Home Prices in Jackson, MS
The median home value in Jackson, MS is $85,739 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jackson are priced79% below average. Jackson is part of the Jackson, MS metro area.
Over the past five years, Jackson home values have fallen by approximately13.5%, reflecting softening conditions in this market.
Price History
Jackson Home Price Trend
2020
$76,111
$76K
—
2021
$99,154
$99K
+30.3%
2022
$114,912
$115K
+15.9%
2023
$99,272
$99K
-13.6%
2024
$83,330
$83K
-16.1%
2025
$84,692
$85K
+1.6%
2026
$85,739
$86K
+1.2%
City Comparison
Jackson vs. National Median
🏠 Jackson
$85,739
National Median
$410,000
At $85,739, homes in Jackson cost 79% below the national median of $410,000. This makes Jackson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jackson?
20% Down Payment
$17,148
on $85,739
Monthly P&I
$447/mo
30-yr @ 6.8%
Total Monthly Est.
~$568/mo
incl. taxes & insurance
Income Needed
$22,720
gross annual (30% rule)
10% Down Option
$8,574
+ PMI applies
Loan Amount (20% dn)
$68,591
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Jackson, MS?
The median home value in Jackson is $85,739 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Jackson?
Over the past year, home values in Jackson have increased by 1.2%. Over five years, prices have fallen approximately 13.5%.
How much do I need to earn to buy a home in Jackson?
To comfortably afford the median home price of $85,739 with a 20% down payment ($17,148) at today's rates (6.8%), you'd need a gross annual income of approximately $22,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Jackson compare to the national average home price?
The national median home value is approximately $410,000. At $85,739, homes in Jackson are 79% below the national average.
What metro area is Jackson part of?
Jackson is part of the Jackson, MS metropolitan area. Home prices and market conditions can vary across the broader metro region.