$40,000
0.48 Acres
Land
BRETT MILES, Listing Office: C-21 Affiliated - Jackson
Is Jackson County, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Jackson County has remained a Seller's Market.
Key Takeaway
Jackson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jackson County, MI
How much do homes in Jackson County, MI cost?
Median Sold Price
$210,100
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$14,530(+7.4%)
Key Takeaway
Homes in Jackson County have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Jackson County was $210,100 in December 2024, up 7.4% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $132K | +32.0% |
| 2 Bedrooms | $139K | $150K | +7.9% |
| 3 Bedrooms | $194.4K | $205.8K | +5.9% |
| 4 Bedrooms | $264.9K | $274.9K | +3.8% |
| 5+ Bedrooms | $350K | $347.4K | -0.7% |
Summary: Jackson County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Counties
| Ingham County | $185.2K | $204.1K | +10.2% |
| Eaton County | $229.9K | $251.8K | +9.5% |
| Hillsdale County | $179K | $193.4K | +8.0% |
| Jackson County | $195.5K | $210.1K | +7.4% |
| Lenawee County | $210.7K | $214.2K | +1.7% |
Housing Supply in Jackson County, MI
How many homes are available in Jackson County, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 651 | 580 | -10.9% |
Summary: The Jackson County real estate market had 580 homes for sale in December 2024, a 10.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 14 | -17.6% |
| 2 Bedrooms | 119 | 109 | -8.4% |
| 3 Bedrooms | 327 | 297 | -9.2% |
| 4 Bedrooms | 148 | 122 | -17.6% |
| 5+ Bedrooms | 40 | 38 | -5.0% |
Summary: The Jackson County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.6%, 2 bedroom homes decreased by 8.4%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 170 | 129 | -24.1% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
31 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson County, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.
Summary: A total of 129 homes were sold or pending in Jackson County in December 2024, down by 24.1% month-over-month. Of the 129 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Jackson County, MI
How long does it take to sell a home in Jackson County, MI?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 45 Days | 54 Days | +21.0% |
Summary: Homes in Jackson County had an average of 54 days on market in Dec 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
62 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jackson County has remained consistent over time.
Summary: During December 2024, 129 homes were sold in Jackson County; 32% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.