Zip 49202 (Jackson, MI) Housing


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The housing market in Jackson, Michigan (49202) is quite strong. The median value of homes in the area is $109,200, which is far lower than the US median house value of $338,100. However, over the past year there has been an impressive appreciation rate of 9.09%, which is higher than the US average of 8.27%. This indicates that buying a home in this area could be a good long-term investment and potentially yield a greater return on investment compared to other markets.

The median home cost in Jackson (zip 49202) is $109,200. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Jackson (zip 49202) is up 16.2%.

Average Age of Homes
- The median age of Jackson (zip 49202) real estate is 62 years old
The Rental Market in Jackson (zip 49202)
- Renters make up 43.9% of the Jackson (zip 49202) population
- 2.3% of houses and apartments in Jackson (zip 49202), 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

  HousingJackson, MichiganUnited States
  9,530.0139,647,020.0
  6742
  $109,200$338,100
  16.2%16.6%
  56.4%57.0%
  106.2%101.1%
  $13.68$10.98
  $1,508$2,690
  47.5%57.4%
  11.5%11.2%
  41.0%31.4%
  Vacant Housing
  2.3%1.9%
  0.7%0.4%
  0.5%0.7%
  0.0%0.4%
  1.3%3.6%
  6.6%4.1%
  Value of Owner-Occupied Housing
  4.0%2.6%
  6.8%2.4%
  15.7%2.8%
  21.0%3.9%
  17.2%4.5%
  23.0%11.3%
  8.5%13.0%
  1.9%20.1%
  0.0%13.6%
  0.5%8.3%
  0.6%9.7%
  0.0%3.9%
  0.7%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  5.2%13.6%
  5.2%13.6%
  6.5%13.6%
  4.7%13.2%
  10.6%14.8%
  6.5%13.6%
  19.2%10.0%
  8.8%4.7%
  32.6%12.2%
Commute

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