Jackson Metro Area, MI Housing

The housing market in the Jackson, MI Metro Area is strong, with a median value of $182,600. This is significantly lower than the US House Median Value of $338,100, but it still shows robust appreciation year-over-year. In fact, the 1 year house appreciation rate in Jackson is 10.54%, which is higher than the nationwide average of 8.27%. This can be attributed to increased buyer demand and limited inventory in the area. Overall, Jackson remains an attractive option for people looking to purchase a home at an affordable rate that offers good appreciation potential over time.

The median home cost in Jackson Metro Area is $182,600. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Jackson Metro Area is up 16.2%.

Average Age of Homes

- The median age of Jackson Metro Area real estate is 50 years old

The Rental Market in Jackson Metro Area

- Renters make up 23.9% of the Jackson Metro Area population
- 1.3% of houses and apartments in Jackson Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Jackson, Michigan	United States
	68,963.0	139,647,020.0
	56	42
	$182,600	$338,100
	16.2%	16.6%
	56.4%	57.0%
	106.2%	101.1%
	$13.68	$10.98
	$2,031	$2,690
	66.8%	57.4%
	10.3%	11.2%
	22.9%	31.4%
Vacant Housing
	1.3%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.3%	0.4%
	3.3%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	4.9%	2.4%
	5.9%	2.8%
	8.0%	3.9%
	8.6%	4.5%
	20.1%	11.3%
	18.2%	13.0%
	19.9%	20.1%
	6.0%	13.6%
	2.6%	8.3%
	1.8%	9.7%
	0.6%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.3%	13.6%
	10.3%	13.6%
	11.7%	13.6%
	8.2%	13.2%
	12.1%	14.8%
	11.7%	13.6%
	13.4%	10.0%
	7.5%	4.7%
	22.9%	12.2%

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