Is Jackson, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Jackson, GA

How much do homes in Jackson, GA cost?

Median Sold Price

$280,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,000(+2.6%)

Key Takeaway

Homes in Jackson have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Jackson was $280,000 in April 2024, up 2.6% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $42K-
N/A
2 $152K$237.5K
+56.3%
3 $231K$255K
+10.4%
4 $313.4K$320K
+2.1%
5+ $354.4K$408K
+15.1%

Summary: Jackson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.3%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 15.1%.

Housing Supply in Jackson, GA

How many homes are available in Jackson, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
140160+14.3%

Summary: The Jackson real estate market had 160 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 7580
+6.7%
4 3955
+41.0%
5+ 1514
-6.7%

Summary: The Jackson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 41%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3433-2.9%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Jackson in April 2024, down by 2.9% month-over-month. Of the 32 sold homes, 50% were sold under asking, 34% were sold at asking, and 16% were sold over asking.

Days on Market for Jackson, GA

How long does it take to sell a home in Jackson, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days44 Days+5.1%

Summary: Homes in Jackson had an average of 44 days on market in Apr 2024, up by 5.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jackson are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 33 homes were sold in Jackson; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 18% 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 6 Days Ago

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