The housing in Jackson, MS is quite affordable compared to the US median house value of $338,100. The median house value in Jackson is only $92,400, giving potential buyers more options for their budget. The US 1 year House Appreciation rate is 8.27%, with a lower but still notable 7.35% in Jackson. For those looking for a new home in the area, there are plenty of options and rooms for growth that can be taken advantage of due to the value appreciation rate.
The median home cost in Jackson is $92,400. Home appreciation the last 10 years has been 32.3%. Home Appreciation in Jackson is up 5.3%.
Average Age of Homes
- The median age of Jackson real estate is 48 years old
The Rental Market in Jackson
- Renters make up 39.5% of the Jackson population
- 3.7% of houses and apartments in Jackson, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.