The housing market in Jackson, MN is doing relatively well compared to the US average. The median value of a house in Jackson is currently $175,100, which is significantly lower than the US median value of $338,100. Additionally, house appreciation has seen an increase in Jackson of 9.54% over the past year, which is slightly higher than the US 1 year appreciation rate of 8.27%. All this suggests that Jackson's housing market remains steady despite fluctuations in other aspects of the economy.
The median home cost in Jackson is $175,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Jackson is up 14.7%.
Average Age of Homes
- The median age of Jackson real estate is 53 years old
The Rental Market in Jackson
- Renters make up 33.1% of the Jackson population
- 2.6% 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.