The story of this market
The typical home in ZIP 39202 sells for about $225,000, or $135 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $890 a month.
ZIP 39202 — Jackson
The 39202 housing market is currently stable, characterized by a balance between historic home renovations and steady demand from the medical and academic sectors. While year-over-year prices have seen a slight correction, the area remains an attractive entry point for investors and professionals working in downtown Jackson. Market activity is driven by the limited supply of updated historic properties and the ongoing revitalization of the urban core.
This ZIP is ideal for young professionals, medical residents, and students who value proximity to major institutions and urban amenities. It also attracts investors looking for renovation opportunities in historic districts.
Median prices moved down 2.4% year over year.
Homes spend a median of 43 days on market with 4.2 months of supply — a fast-moving 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 2.4% · poverty 23.4% — 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 5.0%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 39202, Hinds County MS
Crime rates in the 39202 area are higher than the national average, with property crime being the most frequently reported issue. Local efforts are focused on community policing and revitalization of historic districts to improve safety.
The area is served by the Jackson Public School District, which faces significant challenges in academic performance and resource allocation. Several private and charter school options are available within the vicinity to supplement public offerings.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding in low-lying zones near the Pearl River. Property insurance premiums are influenced by these environmental factors and the age of the housing stock.
Economic momentum is driven by the proximity to major medical and educational anchors including UMMC, Baptist Medical Center, and Millsaps College. Development is focused on the adaptive reuse of historic properties and urban infill projects.
Property taxes are assessed by Hinds County based on the appraised value of the property. The tax structure includes levies for the city, county, and school district, with homestead exemptions available for primary residences.
Residents benefit from central access to major thoroughfares like I-55 and I-20, providing efficient transit to downtown Jackson and surrounding employment hubs. Public transit options are limited, making personal vehicle ownership the primary mode of commuting.
The area features historic parks such as Belhaven Park and proximity to the Pearl River greenway system. Residents have access to diverse dining and shopping districts along North State Street and near the Fondren neighborhood.
The rental market is robust due to the high concentration of students and medical professionals in the area. Vacancy rates remain low, and there is a notable presence of multi-family assets and investor-owned rental properties.
The economy is anchored by the healthcare and education sectors, with UMMC and Baptist Medical Center serving as the largest employers. The area also benefits from its status as a hub for professional services and government administration.
The area is well-connected by the I-55 corridor, facilitating regional travel. Local transit is provided by JATRAN, though service frequency is limited.
Development is primarily focused on the renovation of historic residential properties and the expansion of medical campus facilities.
The Hinds County Tax Assessor manages property valuations, with assessments typically updated on a cyclical basis to reflect market changes.
Parcels are subject to Jackson Public School District taxes and various municipal service districts.
Property insurance costs are moderate but rising due to regional weather patterns and the age of the housing stock.
Data retrieved from data.census.gov ZCTA-level tables.
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.
- PARTY SAFARI3.48.2 mi
- Urban Air Trampoline and Adventure Park4.55.9 mi
- Sky Zone Trampoline Park4.46.9 mi
- DEFY Jackson4.43 mi
- Chuck E. Cheese3.95.9 mi
- Golden Corral Buffet & Grill4.13.1 mi
- Brandon Amphitheater4.79.2 mi
- Mississippi Coliseum4.31.1 mi
- Mississippi Veterans Memorial Stadium4.41 mi
- Table 1004.66.1 mi
- Northpark4.26.5 mi
- Cinemark Pearl and XD4.43.8 mi
- LeFleur's Bluff State Park Mayes Lake4.51.7 mi
- Mississippi Children's Museum4.71.3 mi
- Mississippi Museum of Natural Science4.71.1 mi
- Mississippi Children's Museum4.71.3 mi
- Mississippi Museum of Natural Science4.71.1 mi
- Mississippi Civil Rights Museum4.81.1 mi
- Mississippi Petrified Forest4.616.2 mi
- Mississippi Museum of Art4.71.6 mi
- LeFleur's Bluff State Park Mayes Lake4.51.7 mi
- Freedom Ridge Park4.67.3 mi
- The Jackson Zoo3.23 mi
- Winners Circle Park4.86.8 mi
- Traceway Park4.58.3 mi
- Jackson Yacht Club4.69.7 mi
- The Refuge Golf Course4.44.5 mi
- Outlets of Mississippi4.53.1 mi
- Northpark4.26.5 mi
- Renaissance at Colony Park4.68.4 mi
- T.J. Maxx4.36.6 mi
- Ross Dress for Less4.26.3 mi
- Jackson-Medgar Wiley Evers International Airport3.85.4 mi
- VA Medical Center Jackson4.40.9 mi
- Jackson Municipal Airport Authority4.25.7 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 community park serving the Belhaven neighborhood.
A private liberal arts college that serves as a cultural anchor.
Located nearby, providing significant cultural programming.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.