Cities with the most expensive homes in the Jackson metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Jackson metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 40 cities and towns.

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#30. Hermanville, MS

- Typical home value: $120,281
- 1-year price change: -5.9%
- 5-year price change: -31.4%

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#29. Pickens, MS

- Typical home value: $120,375
- 1-year price change: -1.1%
- 5-year price change: -24.9%

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#28. Utica, MS

- Typical home value: $129,350
- 1-year price change: -2.5%
- 5-year price change: -13.5%

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#27. Crystal Springs, MS

- Typical home value: $131,207
- 1-year price change: +2.9%
- 5-year price change: +11.6%

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#26. Edwards, MS

- Typical home value: $134,786
- 1-year price change: -4.9%
- 5-year price change: -7.0%

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#25. Bolton, MS

- Typical home value: $141,263
- 1-year price change: +1.3%
- 5-year price change: -11.1%

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#24. Mendenhall, MS

- Typical home value: $145,926
- 1-year price change: +4.1%
- 5-year price change: +17.3%

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#23. Pinola, MS

- Typical home value: $148,708
- 1-year price change: -1.0%
- 5-year price change: -18.9%

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#22. Pattison, MS

- Typical home value: $159,384
- 1-year price change: -1.5%
- 5-year price change: data not available

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#21. Harrisville, MS

- Typical home value: $161,117
- 1-year price change: -3.1%
- 5-year price change: -12.8%

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#20. Vaughan, MS

- Typical home value: $165,470
- 1-year price change: +15.2%
- 5-year price change: +20.0%

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#19. Magee, MS

- Typical home value: $172,692
- 1-year price change: +1.1%
- 5-year price change: +0.2%

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#18. Lena, MS

- Typical home value: $177,094
- 1-year price change: +7.8%
- 5-year price change: +0.0%

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#17. Wesson, MS

- Typical home value: $178,898
- 1-year price change: +1.1%
- 5-year price change: +11.3%

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#16. Benton, MS

- Typical home value: $181,253
- 1-year price change: +9.5%
- 5-year price change: +17.7%

You may also like: How many homes are for sale in Jackson right now?

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#15. Raymond, MS

- Typical home value: $182,133
- 1-year price change: +14.0%
- 5-year price change: +15.2%

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#14. Pearl, MS

- Typical home value: $211,439
- 1-year price change: +4.4%
- 5-year price change: +26.7%

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#13. Puckett, MS

- Typical home value: $217,728
- 1-year price change: +11.1%
- 5-year price change: +26.1%

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#12. Byram, MS

- Typical home value: $221,300
- 1-year price change: +1.8%
- 5-year price change: +29.9%

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#11. Pelahatchie, MS

- Typical home value: $222,368
- 1-year price change: +3.7%
- 5-year price change: +15.5%

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#10. Richland, MS

- Typical home value: $222,968
- 1-year price change: +4.8%
- 5-year price change: +31.0%

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#9. Canton, MS

- Typical home value: $226,397
- 1-year price change: +1.2%
- 5-year price change: +17.0%

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#8. Clinton, MS

- Typical home value: $238,090
- 1-year price change: +2.0%
- 5-year price change: +19.9%

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#7. Florence, MS

- Typical home value: $254,602
- 1-year price change: +4.7%
- 5-year price change: +29.6%

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#6. Terry, MS

- Typical home value: $256,583
- 1-year price change: +2.2%
- 5-year price change: +25.0%

You may also like: Where people in Jackson are looking to buy homes

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#5. Ridgeland, MS

- Typical home value: $285,651
- 1-year price change: +1.7%
- 5-year price change: +24.8%

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#4. Brandon, MS

- Typical home value: $290,329
- 1-year price change: +2.7%
- 5-year price change: +20.9%

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#3. Flora, MS

- Typical home value: $307,418
- 1-year price change: +1.4%
- 5-year price change: +23.3%

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#2. Flowood, MS

- Typical home value: $330,142
- 1-year price change: +1.4%
- 5-year price change: +18.8%

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#1. Madison, MS

- Typical home value: $414,316
- 1-year price change: +0.6%
- 5-year price change: +22.2%

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