Jackson, MI Home Values & Market Trends
Real estate market trends reflect that there have been 1,501 transactions over the past year in Jackson. The median value for residential home transactions that occurred over the previous year is $180,800.53. The number of current listings in Jackson is 360, and the percentage of properties for sale in the city is 360.00%. Jackson, MI currently has 62 properties in foreclosure, 28 bank owned properties, 34 properties headed for auction, and 360 properties for sale.
Jackson, MI Real Estate Market Overview
Housing Market Summary for Jackson, MI
| Sep 2023 | August 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $150K | $179.9K | 19.93% |
| Median Sold Price | $166.5K | $180.3K | 8.26% |
| Homes For Sale | 262 | 325 | 24.05% |
| Homes Sold | 1,161 | 1,082 | -6.80% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Jackson, MI
Browse Homes in Jackson, MI
Jackson home values range from $12,770 to $6,915,735. The median estimated value of a home in Jackson is $180,800.53. The median list price of a home is 169,900, and the total count of properties in the city is 36,212.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Jackson, MI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Jackson, MI; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Jackson, MI ranges from the highest value of $217,977 in 49202 to the lowest value of $34,750 in 49201. Bank owned homes and properties account for 0.08% of properties in Jackson, MI. There are 3 zips within Jackson, MI; 49203 containing 12 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions49203 has 16 auction properties, the highest number of properties going to auction in a single zip in the state of Jackson, MI. Auction homes and other auction properties account for 0.09% of all properties in Jackson, MI. There are 3 zips within Jackson, MI; of those zips, the median estimated home value for homes going to auction ranges from $219,790 in 49201 to the lowest value of $58,891 in 49201.
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Guide for Jackson, MI
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