Is Jackson, MS 39202 a buyer’s or seller’s market?
Jackson is a seller’s market. With about 3 months of supply and 11% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 39% of U.S. ZIP codes, and #18 of 89 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Jackson housing market right now
In the three months ending August 31, 2026, 11% of homes in Jackson, MS 39202 sold above their list price, the typical home went under contract in 15 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold about as fast and the median sale price rose 15% to $223,403. Overall, Jackson is less competitive than a year ago, which gives buyers more room.
Within Hinds County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 64%. On our competition score, Jackson ranks #18 of 89 MS ZIP codes with enough sales (score 40 out of 100).
Nearby, buyers who want less competition could look at Jackson 39203 (0% sold over asking) or Edwards 39066 (0% sold over asking), while Utica 39175 (50% sold over asking) and Byram 39272 (28% sold over asking) are even more competitive.
Run the numbers for 39202
Nearby markets
Bolton 39041 — /sq ftByram 39272Seller’s market $143 /sq ftClinton 39056Seller’s market $139 /sq ftEdwards 39066Seller’s market $108 /sq ft Browse all markets →Towns like Jackson nearby
Find towns like Jackson in other states →Where Jackson is
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Questions about Jackson real estate
Is Jackson a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Jackson, MS 39202 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Jackson?
The typical home went under contract in 15 days in the latest three months.
Do homes in Jackson sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Jackson?
About 0.88% of a home’s value a year in Hinds County, or roughly $3,520 on a $400,000 home.
What is the median home price in Jackson?
The median sale price was $223,403 in the three months ending August 31, 2026, about $135 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology