Is Jackson, MS 39206 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Jackson is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score16/ 100

More competitive than 9% of U.S. ZIP codes, and #67 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

Months of supply5.5Under 4 months = seller’s market
Sold above original list10%Share of sales, last 3 months
Median sale-to-list93.9%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$65▼ −13.0% vs. last year

The Jackson housing market right now

In the three months ending August 31, 2026, 10% of homes in Jackson, MS 39206 sold above their list price, the typical home went under contract in 57 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 41 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold more slowly (36 days then) and the median sale price fell 38% to $86,163. Overall, Jackson is less competitive than a year ago, which gives buyers more room.

Within Hinds County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Jackson ranks #67 of 89 MS ZIP codes with enough sales (score 16 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.

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 →

Where Jackson is

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Questions about Jackson real estate

Is Jackson a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Jackson, MS 39206 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 57 days in the latest three months.

Do homes in Jackson sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 93.9% 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 $86,163 in the three months ending August 31, 2026, about $65 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