The city of Jackson, MS, located in zip code 39203, has a median housing value of $42,800. This is significantly lower than the US median housing value of $338,100. The US saw an appreciation rate in housing prices of 8.27% over the past year while Jackson experienced an appreciation rate of 7.32%. This indicates that although the cost of housing in Jackson is much less than the national average, it still managed to have a respectable appreciation rate in comparison. Housing in Jackson appears to be a great investment opportunity and is certainly more affordable than other areas across the nation.
The median home cost in Jackson (zip 39203) is $42,800. Home appreciation the last 10 years has been 32.3%. Home Appreciation in Jackson (zip 39203) is up 5.3%.
Average Age of Homes
- The median age of Jackson (zip 39203) real estate is 55 years old
The Rental Market in Jackson (zip 39203)
- Renters make up 36.9% of the Jackson (zip 39203) population
- 5.9% of houses and apartments in Jackson (zip 39203), 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.