Home Values in Jackson MI Continue to Rise.
Home values in Jackson MI are up 15% according to the Jackson Area Association of Realtors MLS Statistical Reports. This continues a multi year trend of value increases in the Mid-Michigan region.
The average sale price in Jackson County is now just above $147,000. Current trends show that this will go even higher. This is a 15% increase from last years average sale price of $127,000. Homes are flying off the shelf as well in Jackson County. The average days on market for a sold home is only 104 days. This includes the time that the home is pending. Homeowners that are selling this year are seeing record sale prices due to low inventory and high demand. Homeowners in Jackson County can expect to receive an offer on their home within weeks, and many times multiple offers.
The average sold home in Jackson County is a 3 bedroom 1578 sq ft home. With home values in Jackson MI up 15% many home owners have taken advantage of the market and sold their home this summer. The number of homes sold in Jackson County is up 9% from last year.
Home Values in Jackson MI up 15%
Q1-Q2 2017 Jackson County Michigan
Class |
Bedrooms |
Total Listed |
Num Sold |
Pct Sold |
Avg List Price Sold |
Avg Sale Price Sold |
Sale Price/List Price Ratio |
Avg DOM Sold |
Avg List Price Unsold |
Pct Expired |
RE |
All |
1,604 |
1,048 |
65.34% |
$198,820 |
$147,390 |
74.13% |
104 |
$172,377 |
16.96% |
Q1-Q2 2016 Jackson County Michigan
Class |
Bedrooms |
Total Listed |
Num Sold |
Pct Sold |
Avg List Price Sold |
Avg Sale Price Sold |
Sale Price/List Price Ratio |
Avg DOM Sold |
Avg List Price Unsold |
Pct Expired |
RE |
All |
1,694 |
962 |
56.79% |
$131,892 |
$127,676 |
96.80% |
120 |
$147,746 |
21.78% |
Must Read:
Top 5 Things Every Realtor Should Know To Sell For Top Dollar