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.

Home Values in Jackson MI

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.

Average Sale Price Jackson County MI

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.

SOLD Residential (3)

SOLD Residential (4)

SOLD Residential

SOLD Residential (2)

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%

 

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