The housing market in Jackson, MN County is currently quite favorable. The median value of a house is $169,500 which is significantly lower than the US median value of $338,100. This provides an affordable option for potential home buyers. Furthermore, the one-year appreciation rate in Jackson is 6.66%, slightly lower than the US average of 8.27%. This could mean that prices may trend downward in the near future; however, this could be offset by increasing demand for housing in Jackson County. Overall, it appears that the current housing market conditions in Jackson are favourable and provide potential homeowners with a great opportunity to purchase their dream home.
The median home cost in Jackson County is $169,500. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Jackson County is up 14.7%.
Average Age of Homes
- The median age of Jackson County real estate is 61 years old
The Rental Market in Jackson County
- Renters make up 20.4% of the Jackson County population
- 1.1% of houses and apartments in Jackson County, 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.