$6,834 Closing Credit*
$575,500
3,033 SqFt
5 Beds
•3 Full Baths
#1898394, Patricia Weske, Listing Office: Shorewest Realtors, Inc.
Is Jackson, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Jackson was a Seller'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, WI
How much do homes in Jackson, WI cost?
Median Sold Price
$340,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+9.7%)
Key Takeaway
Homes in Jackson have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Jackson was $340,000 in October 2024, up 9.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $203.6K | +139.5% |
| 2 Bedrooms | $236K | $294.5K | +24.8% |
| 3 Bedrooms | $350K | $349K | -0.3% |
| 4 Bedrooms | $474K | $450K | -5.1% |
| 5+ Bedrooms | $750K | $640K | -14.7% |
Summary: Jackson housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 139.5%, 2 bedroom homes increased by 24.8%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 14.7%.
Housing Supply in Jackson, WI
How many homes are available in Jackson, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 93 | +6.9% |
Summary: The Jackson real estate market had 93 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 49 | 50 | +2.0% |
| 4 Bedrooms | 13 | 17 | +30.8% |
| 5+ Bedrooms | 5 | 5 | 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 increased by 5.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Jackson in October 2024, down by 6.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Jackson, WI
How long does it take to sell a home in Jackson, WI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 24 Days | -59.1% |
Summary: Homes in Jackson had an average of 24 days on market in Oct 2024, down by 59.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jackson are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Jackson; 7% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
