$10,000 Closing Credit*
$1,325,000
2,500 SqFt
4 Beds
•3 Full Baths, 1 Partial
Diane C Rulka, Listing Office: Weichert, REALTORS
Is Jackson, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Jackson was a Neutral Market.
Key Takeaway
Jackson is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jackson, VA
How much do homes in Jackson, VA cost?
Median Sold Price
$761,750
$233/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$51,750(+7.3%)
Key Takeaway
Homes in Jackson have sold for 7.3% more than they did a month ago.
Summary: The median home sold price in Jackson was $761,750 in November 2024, up 7.3% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $507K | N/A |
| 4 Bedrooms | $710K | $958.5K | +35.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jackson housing prices by bedroom type for November 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 increased by 35%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wakefield | $445K | $724.9K | +62.9% |
| Flint Hill | $730K | $1.0M | +43.8% |
| Jackson | $710K | $761.7K | +7.3% |
Housing Supply in Jackson, VA
How many homes are available in Jackson, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Jackson real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Jackson housing inventory by bedroom type for November 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 decreased by 27.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Jackson in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Jackson, VA
How long does it take to sell a home in Jackson, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 119 Days | 108 Days | -9.5% |
Summary: Homes in Jackson had an average of 108 days on market in Nov 2024, down by 9.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jackson has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Jackson; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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