Market Intelligence · MS / Jackson

Jackson, MS 39203 Housing Market

The typical home value in Jackson's 39203 ZIP is $41,608, down 17.5% over the past year. Median list price stands at $53,750, with homes spending a median of 43 days on market as of September 2026.

Updated September 2026Median value$42K

The median home value in Jackson, MS 39203 is $42K as of September 2026, down 17.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 39203 range

$38K to $45K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-17.5% over 12 months

Sep 2025$50K

Low $42KHigh $50K

Sep 2026$42K

The numbers

What is the 39203 housing market like?

As of September 2026

Typical home value

$42K

17.5%YoY

Median list price

$54K

36.1%MoM

Days on market

16.2%MoM

Homes for sale

33.3%MoM

Price cuts

0.0%

New listings

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

39203 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 39203 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 39203 fell 17.5%, per the Zillow Home Value Index.

Will home prices drop in 39203?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 39203 to stay roughly flat by September 2027 (up 0.1%), after a 17.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 39203 home prices compare?

39203$41,608
Jackson$89,924
Mississippi$151,292
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Jackson: 9 ZIPs; Mississippi: 343 ZIPs; United States: 26,262 ZIPs).

Context

Jackson's 39203 ZIP is showing significant downward pressure on values. With only 4 homes for sale and a median of 43 days on market, inventory is limited, yet prices have declined sharply year-over-year. The median list price of $53,750 sits well above the typical home value of $41,608, suggesting a gap between asking prices and actual market conditions. No homes have received price cuts despite the falling valuations. For sellers, this combination of weak valuations and extended market time suggests patience and realistic pricing will be essential.

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Down payment20% · $8,322

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Common questions

What people ask us.

What is the typical home value in Jackson 39203?

The typical home value in Jackson's 39203 ZIP is $41,608, down 17.5% over the past year as of September 2026.

How long do homes stay on the market in this ZIP?

The median days on market is 43 as of September 2026.

What is the median list price in 39203?

The median list price is $53,750 as of September 2026.

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