Is Jackson, AL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Jackson was a Buyer's Market.

Key Takeaway

Jackson is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Jackson, AL

How much do homes in Jackson, AL cost?

Median Sold Price

$447,000

$127/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$197,000(+78.8%)

Key Takeaway

Homes in Jackson have sold for 78.8% more than they did a month ago.

Summary: The median home sold price in Jackson was $447,000 in October 2024, up 78.8% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $250K-
N/A
4 -$447K
N/A
5+ --
N/A

Summary: Jackson housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Jackson, AL

How many homes are available in Jackson, AL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Jackson real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Jackson housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Jackson in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jackson, AL

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Jackson, AL

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