Is Jackson, WI 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 November 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

$352,475

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$49,975(+16.5%)

Key Takeaway

Homes in Jackson have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Jackson was $352,475 in November 2024, up 16.5% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $85K$203.6K
+139.5%
2 $236K$290K
+22.9%
3 $344K$359K
+4.4%
4 $510K$450K
-11.8%
5+ $750K$640K
-14.7%

Summary: Jackson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 139.5%, 2 bedroom homes increased by 22.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 14.7%.

Median Sold Price Compared To Nearby Cities

Webb Lake
+31.4%
Jackson
+16.5%
Swiss
-0.9%

Housing Supply in Jackson, WI

How many homes are available in Jackson, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8179-2.5%

Summary: The Jackson real estate market had 79 homes for sale in November 2024, a 2.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1919
0.0%
3 4438
-13.6%
4 1417
+21.4%
5+ 45
+25.0%

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 decreased by 13.6%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1513-13.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Jackson in November 2024, down by 13.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 46% were sold at asking, and 23% 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

Nov 2023Nov 2024CHANGE
21 Days33 Days+57.1%

Summary: Homes in Jackson had an average of 33 days on market in Nov 2024, up by 57.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jackson has remained consistent over time.

Summary: During November 2024, 13 homes were sold in Jackson; 0% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

Newest Listings in Jackson, WI

Nearby Markets to Jackson, WI

What housing markets are near Jackson, WI?