Is Jackson Park, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson Park is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Jackson Park has remained a Seller's Market.

Key Takeaway

Jackson Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jackson Park, WI

How much do homes in Jackson Park, WI cost?

Median Sold Price

$260,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$33,000(+14.5%)

Key Takeaway

Homes in Jackson Park have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in Jackson Park was $260,000 in December 2024, up 14.5% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $92K$87K
-5.4%
2 $197.5K$237.5K
+20.3%
3 $255K$264.9K
+3.9%
4 $265K$285K
+7.5%
5+ $249K$320K
+28.5%

Summary: Jackson Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 20.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 28.5%.

Median Sold Price Compared To Nearby Neighborhoods

Layton Park
+28.0%
Jackson Park
+14.5%
Southwest
+6.4%

Housing Supply in Jackson Park, WI

How many homes are available in Jackson Park, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3229-9.4%

Summary: The Jackson Park real estate market had 29 homes for sale in December 2024, a 9.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 53
-40.0%
3 2118
-14.3%
4 56
+20.0%
5+ 11
0.0%

Summary: The Jackson Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Park, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Jackson Park in December 2024, up by 9.1% month-over-month. Of the 12 sold homes, 17% were sold under asking, 8% were sold at asking, and 75% were sold over asking.

Days on Market for Jackson Park, WI

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 7 Days Ago

Newest Listings in Jackson Park, WI

Nearby Markets to Jackson Park, WI