The story of this market
The typical home in ZIP 39111 sells for about $149,000, or $105 per square foot.
Prices are down 14.4% from a year ago, which gives buyers more room to negotiate. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $856 a month.
ZIP 39111 — Magee
The housing market in ZIP 39111 is currently experiencing downward price pressure, with a year-over-year decline in median sale prices. Elevated days on market and a cooling competitive environment suggest that buyers are exercising more caution. These trends are largely driven by broader regional economic challenges and a shift in buyer sentiment.
This area is primarily suited for budget-conscious buyers and investors seeking entry-level housing, as well as local workers who prioritize proximity to the city center.
Median prices moved down 14.4% year over year.
Homes spend a median of 78 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.6% · poverty 23.7% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 39111, Hinds County MS
Crime rates in the Jackson area remain significantly higher than the national average, with property and violent crime being primary concerns for residents.
Public schools in the Jackson area generally face significant challenges, with many institutions receiving lower performance ratings compared to state averages.
The area is subject to risks from severe thunderstorms and occasional flooding, with insurance premiums reflecting these regional climate exposures.
Economic momentum is driven by state government, healthcare, and education sectors, though the city faces ongoing infrastructure and revitalization challenges.
Property taxes are assessed at the county level based on millage rates applied to the assessed value of real property, with homestead exemptions available for primary residences.
Commuters in this area primarily rely on personal vehicles, with major highway corridors providing access to the downtown Jackson employment core.
The area features local parks and community centers, with proximity to regional shopping districts and dining options within the broader Jackson metro.
The rental market is characterized by steady demand for affordable housing, with a significant portion of the inventory managed by individual investors.
The economy is anchored by state government operations, the University of Mississippi Medical Center, and various regional healthcare providers.
The area is served by a network of state highways and interstates, with limited public transit options primarily focused on bus routes.
Development efforts are currently concentrated on urban infill and the rehabilitation of existing residential and commercial structures.
The Hinds County Tax Assessor manages property valuations, with assessments typically updated on a periodic cycle.
Parcels are subject to municipal and county tax levies, with specific school district boundaries determining local educational funding.
Property insurance markets in the region are sensitive to weather-related risks, leading to moderate to high premium costs for homeowners.
Data retrieved from data.census.gov using ZCTA 39111 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- D'Lo Water Park4.513 mi
- Magee City Park4.12.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic local zoo serving the community.
Provides outdoor recreation and green space near the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.