Housing in Jackson, MI is becoming increasingly more valuable. The median value of a house in Jackson is $155,200, which is much lower than the US median value of $338,100. This makes buying a home in Jackson an attractive proposition for many people. However, even with the lower median value of homes in Jackson, it has appreciated by 9.09% over the last year - higher than the US rate of 8.27%. This indicates that housing values are on the rise and this trend should continue in the near future.
The median home cost in Jackson is $155,200. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Jackson is up 16.2%.
Average Age of Homes
- The median age of Jackson real estate is 78 years old
The Rental Market in Jackson
- Renters make up 41.7% of the Jackson population
- 1.8% of houses and apartments in Jackson, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.