The housing market in the Jackson, MS Metro Area is thriving. The median value of a house in this area is $182,600, which is significantly lower than the US median value of $338,100. However, the last year has seen an increase in the appreciation rate of houses in the area to 14.18%, which is higher than the national average of 8.27%. This suggests that more and more people are interested in investing in real estate within this region due to its relatively affordable cost and its growth potential. With careful consideration and planning, buying a home here can be a very rewarding investment for any family looking for a place to live and grow.
The median home cost in Jackson Metro Area is $182,600. Home appreciation the last 10 years has been 42.0%. Home Appreciation in Jackson Metro Area is up 11.0%.
Average Age of Homes
- The median age of Jackson Metro Area real estate is 34 years old
The Rental Market in Jackson Metro Area
- Renters make up 28.7% of the Jackson Metro Area population
- 2.5% of houses and apartments in Jackson Metro Area, 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.