39203, Jackson, MS

Home equity is the difference between what a homeowner owes on their home and what the home is worth. Home prices are the amount that homeowners are willing to pay for a property. In Jackson, MS, home equity and home prices have been on the rise for quite some time now. In fact, according to Zillow, the median home value in Jackson increased by over 20% from 2016 to 2017! This has led many homeowners in Jackson to feel very confident about their current situation and their future prospects.

One of the main reasons why home values have been increasing so rapidly in Jackson is because of all of the new development that has been happening in and around town. There are now more homes available for purchase than there ever have been before, which has led to an increase in demand. Additionally, many people who were previously unable or unwilling to buy a house due to high prices are now able to do so thanks to recent economic improvements. As a result of all of these factors, it seems likely that home values will continue rising in Jackson for years to come!