39216, Jackson, MS

The 39216 zip code in Jackson, MS has a median home value of $131,000. This is significantly lower than the state median home value of $278,500 and the national median home value of $177,200. The 39216 zip code also has a low homeownership rate of just over 34%. This is likely due to the high cost of living in Jackson and the lack of available affordable housing.

Despite these challenges, there are some homeowners in the 39216 zip code who have seen their home equity grow over time. For example, one homeowner purchased their home in 2006 for $60,000 and now has a value of $131,000. Another homeowner purchased their home in 2003 for $27,500 and now has a value of $101,000. These examples show that even though homes in the 39216 zip code are not as expensive as other areas within Mississippi or nationwide, they can still be valuable assets if owned by someone who is diligent about maintaining them and keeping up with necessary repairs/updates.