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949 Terrace Ave, Jackson, MS, 39209

3beds
2baths
1,881sqft
$12,599
$7price/sqft
$315/moest. monthly cost
$12,600/yrincome needed

About This Home

INVESTOR SPECIAL

Getting Around

46
WalkingCar-Dependent
19
TransitMinimal Transit
31
BikeSomewhat Bikeable

Schools

2/10
1/10
Blackburn Middle SchoolGrades 6-81.6 mi
4/10
Provine High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater,None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: None
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 1,881
  • Total interior livable area: 1,881 sqft

Property

Details

  • Parcel number: 03030028000

Features

  • Levels: One
  • Stories: 1
  • Exterior features: None

Lot

  • Lot size: 0.32 Acres

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Cold Wave
Ice Storm
Winter Weather

FEMA Declared Disasters in Hinds County and Mississippi

Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $63$756
Home Insurance *$53$636
Property Taxes $7$84
Electricity $192$2,304
Total$315$3,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$10,800/yr
40% on housing$9,450/yr
45% on housing$8,400/yr

Mississippi FAIR Plan Programs

Mississippi Windstorm Underwriting Association

Covered
HailHail
WindWind
Visit Website →

Mississippi Residential Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,237Commercial: -4
Total Premiums$1.77M
Total Exposure$137.66M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 4.2%
4.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$7This listing

vs Other Active Listings

Avg $/sqft

ZIP 39209$101
Hinds County$93

vs Homes Sold Last Month

Median $/sqft

ZIP 39209$48
Hinds County$86

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-14Price change$6,000
2026-04-30Listed for sale$12,599
2026-01-09Listing removed$13,900
2025-09-09Listed for sale$13,900
2025-09-05Listing removed$14,000
2025-09-03Listed for sale$14,000
2025-09-01Pending sale$14,000
2025-08-26Price change$14,000
2025-08-05Listed for sale$15,000
2025-07-17Pending sale$15,000
2025-07-14Listed for sale$15,000
2025-06-21Listing removed$18,900
2025-06-06Price change$18,900
2025-04-28Listed for sale$20,000
2025-04-22Pending sale$20,000
2025-03-13Price change$20,000
2025-01-24Listed for sale$24,000
2011-10-28Listing removed$12,000
2011-07-02Listed for sale$12,000
2010-10-08Listing removed$12,000
2010-07-24Listed for sale$12,000

For Sale by Agent

AgentPaul Flood
BrokeragePaul Flood Real Estate

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