Is Jackson, MS 39204 a buyer’s or seller’s market?
Jackson is a buyer’s market. With about 11.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 14% of U.S. ZIP codes, and #59 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, 14% of homes in Jackson, MS 39204 sold above their list price, the typical home went under contract in 46 days and there were 11.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 22 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (41 days then) and the median sale price rose 10% to $38,483. Overall, Jackson is more competitive than a year ago, so tougher for buyers.
Within Hinds County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Jackson ranks #59 of 89 MS ZIP codes with enough sales (score 20 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 39204
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 buyer’s market: there were 11.6 months of supply in Jackson, MS 39204 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 46 days in the latest three months.
Do homes in Jackson sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 87.7% 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 $38,483 in the three months ending August 31, 2026, about $30 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