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Cheap Homes in Jackson, MS 39211

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Jackson, MS Foreclosures

How much do homes sell for in Jackson, MS?
The average home price is currently $132,584.
What’s the average rental cost in Jackson, MS?
The average rental price in Jackson is $1,219.
What is the most expensive home in Jackson?
The most expensive home sold in Jackson had a price of $6,617,600.
What is currently the cheapest priced home in Jackson, MS?
The cheapest home for sale in Jackson is priced at $11,840.

Living in Jackson, MS

Jackson, MS, is a charming capital city rich in culture and history, offering a mix of urban living and southern hospitality. With a variety of parks and community events, it's an ideal place for families and individuals seeking a vibrant lifestyle. Enjoy local cuisine, historical sites, and a strong sense of community in this unique Southern city.

Current Market Conditions in Jackson, MS

The Jackson, MS real estate market is characterized by a stable environment with modest growth in home prices over the past year. The demand for houses has increased due to the city's affordable living and quality amenities, making it an attractive option for first-time homebuyers and investors alike.

Currently, the market is experiencing a steady pace of sales, with a favorable inventory level that supports both buyers and sellers. As the city continues to develop, interest in various neighborhoods is rising, leading to a competitive market.

Home Value Estimator For Jackson, MS

There are currently 56,888 real estate properties in Jackson, MS, with a median automated valuation model (AVM) price of $83,795.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jackson, MS, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Jackson, MS, is $132,584.00, with the most expensive house in Jackson, MS, topping out at $6,617,600.00 and the cheapest home in Jackson, MS, clocking in at $11,840.00. In other words, there’s something for every potential homebuyer or savvy investor in Jackson, MS!

Rent Prices In Jackson, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jackson, MS, is on a rollercoaster ride. The average rent price in Jackson, MS, is $1,219.00. Indeed, when looking to rent in Jackson, MS, you can expect to pay as little as $570.00 or as much as $3,040.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Jackson, MS -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Jackson, MS 39211


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