The story of this market
The typical home in ZIP 39203 sells for about $99,500, or $72 per square foot.
Prices are down 13.2% from a year ago, which gives buyers more room to negotiate. Homes take about 91 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $735 a month.
ZIP 39203 — Jackson
The housing market in 39203 is experiencing downward price pressure and low activity, reflecting broader challenges in the Jackson metropolitan area. High inventory relative to sales volume and economic headwinds are driving a cautious outlook for the near term.
This ZIP is primarily suited for budget-conscious investors and local residents seeking low-cost housing options, though it presents challenges for families prioritizing top-tier school districts.
Median prices moved down 13.2% year over year.
Homes spend a median of 91 days on market with 6.2 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.3% · poverty 39.6% — a mixed stability profile.
ZCTA 39203, Hinds County MS
Crime rates in Jackson remain significantly higher than both state and national averages, with property and violent crime being primary concerns for residents.
Public schools in the area generally face significant challenges, with many institutions receiving low performance ratings from state accountability metrics.
The area is subject to risks from severe thunderstorms and occasional flooding, necessitating careful consideration of flood insurance coverage for property owners.
Economic momentum is currently constrained, with the city focusing on infrastructure repairs and revitalization efforts to attract new investment and retain major employers.
Property taxes are assessed by Hinds County based on the appraised value of real property, with specific millage rates applied by the city, county, and school district jurisdictions.
Residents in 39203 typically rely on personal vehicles for commuting, with major thoroughfares providing access to downtown Jackson's employment core.
The area features local community parks and proximity to downtown Jackson's cultural amenities, though large-scale recreational facilities are limited within the immediate ZIP.
The rental market is characterized by high demand for affordable housing, with a significant portion of the inventory managed by individual investors.
The local economy is anchored by government, healthcare, and education sectors, with major employers including the State of Mississippi and regional medical centers.
Transportation is primarily highway-dependent, with limited public transit infrastructure serving the broader Jackson metropolitan area.
Current planning efforts are focused on urban renewal and infrastructure improvements within the city limits.
The Hinds County Tax Assessor manages property valuations, with assessments conducted periodically to reflect market conditions.
Parcels are subject to standard municipal and county tax levies, with no significant special utility or improvement districts reported.
Property insurance premiums in the region are influenced by historical weather-related claims and the overall risk profile of the Mississippi market.
Data aggregated from ZCTA-level census profiles and city-wide market reports.
- PARTY SAFARI3.410 mi
- Urban Air Trampoline and Adventure Park4.57.3 mi
- Sky Zone Trampoline Park4.48.5 mi
- DEFY Jackson4.44.8 mi
- Chuck E. Cheese3.97.4 mi
- Golden Corral Buffet & Grill4.14.9 mi
- Brandon Amphitheater4.710.6 mi
- Mississippi Coliseum4.31.7 mi
- Mississippi Veterans Memorial Stadium4.42.1 mi
- Table 1004.67.9 mi
- Northpark4.28 mi
- Cinemark Pearl and XD4.44.4 mi
- LeFleur's Bluff State Park Mayes Lake4.53.5 mi
- Mississippi Children's Museum4.73 mi
- Mississippi Museum of Natural Science4.72.9 mi
- Mississippi Children's Museum4.73 mi
- Mississippi Museum of Natural Science4.72.9 mi
- Mississippi Civil Rights Museum4.81.4 mi
- Mississippi Petrified Forest4.616.1 mi
- Mississippi Museum of Art4.71.1 mi
- LeFleur's Bluff State Park Mayes Lake4.53.5 mi
- Freedom Ridge Park4.68.6 mi
- The Jackson Zoo3.21.8 mi
- Winners Circle Park4.88.6 mi
- Traceway Park4.57.2 mi
- Jackson Yacht Club4.611.3 mi
- The Refuge Golf Course4.46.2 mi
- Outlets of Mississippi4.53.5 mi
- Northpark4.28 mi
- Renaissance at Colony Park4.69.6 mi
- T.J. Maxx4.38.4 mi
- Ross Dress for Less4.28.1 mi
- Jackson-Medgar Wiley Evers International Airport3.87.1 mi
- VA Medical Center Jackson4.42.5 mi
- Jackson Municipal Airport Authority4.27.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The central business district offers various dining, cultural, and government facilities.
Key-figure check: median price diverges 40.7% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $140,000 (+40.7% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.