Jackson Property Market and Real Estate Guide

(Jackson, Mississippi - MS, USA)

Jackson is the capital and largest city of the state of Mississippi. There are no other metropolitan areas with this kind of scope in the state, making this the likeliest place to buy property in the region.

Overall, Jackson is an affordable place to buy property, and the average list price for a family home is in the low six-figure range. The local housing market struggled through the mortgage crisis of 2008 and seems to be recovering now. Currently, there are still several homes in foreclosure that can be purchased at substantial discounts.


The city center is a relatively quiet place, with few apartments for rent or homes for sale. These days, most residents live in comfortable suburbs within a short drive of the city center. Many of most popular upmarket neighborhoods are north of the city center.

Renting Serviced Apartments

The best serviced apartments in Jackson are also north of the city center, in neighborhoods that are divided between residential blocks and commercial strips. This is the most convenient area for business travelers to be based, as it is only a short drive from the Central Business District, while retaining evening access to shops and restaurants.

Serviced apartments aren't as common in Jackson as they are in more prominent southern cities. Most are marketed as 'extended stay' hotels, and they offer discounts for stays of a few weeks to two or three months. A regular apartment is much cheaper, but is likely to require signing a lease.

Buying Apartments and Houses

Nicer homes to the north of Jackson are competitively priced by national standards, and a lower to mid-range six-figure sum will buy a much larger house here than it would in Savannah or New Orleans. The downtown district hasn't undergone the sort of renaissance that has taken over other US cities.

In the US, buyers pay relatively little at the closing table. In the state of Mississippi, buyers can expect to pay between one and two percent of the purchase price in miscellaneous closing fees. A property lawyer can help negotiate the extra taxes which apply to luxury properties here.

Real Estate Agents

Aside from commissioning a property lawyer, one of the best things a potential buyer in Jackson can do is consult with a few real estate agencies as soon as possible. In many cases, smaller agencies are better connected to local neighborhoods, so it is worth looking for an agent in the general area where you would like to buy or rent.

Check out the following Jackson realtors and real estate agents:

Melissa Honea Realty
Address: 1015 Carlyle Cove, Ridgeland, Mississippi MS, 39157, USA
Tel: +1 601 209 6093
Email: via website
Website: www.madisonmshomes.org
This realtor caters especially for families who are looking to relocate to the Greater Jackson area.

Broker South Properties of Jackson
Address: 360 Towne Center Boulevard, Ridgeland, Mississippi MS, 39157, USA
Tel: +1 601 978 3033
Email: via website
Website: www.brokersouthofjackson.com
Broker South operates an easy-to-navigate website listing residential and foreclosed properties for sale in Jackson.

Nix-Tann and Associates
Address: 1776 Lelia Drive, Jackson, Mississippi MS, 39216, USA
Tel: +1 601 982 7918
Email: carolebailey@nixtann.com
Website: www.nixtann.com
Nix-Tann is a family-owned real estate agency, and its associated agents are well connected within local neighborhood communities.