Is Jackson County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jackson County has remained a Seller's Market.
Housing Prices in Jackson County, MN
How much do homes in Jackson County, MN cost?
Median Sold Price
$142,500
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jackson County was $142,500 in April 2024, up 14% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71K | $90.4K | +27.3% |
2 Bedrooms | $96.5K | $121.2K | +25.6% |
3 Bedrooms | $155K | $155K | 0.0% |
4 Bedrooms | $115K | $167.5K | +45.7% |
5+ Bedrooms | $270K | $163K | -39.6% |
Summary: Jackson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 25.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 45.7%, and 5+ bedroom homes decreased by 39.6%.
Median Sold Price Compared To Nearby Counties
Nobles County | $195K | $226.4K | +16.1% |
Jackson County | $125K | $142.5K | +14.0% |
Cottonwood County | $161K | $159K | -1.2% |
Housing Supply in Jackson County, MN
How many homes are available in Jackson County, MN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The Jackson County real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Jackson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Jackson County in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Jackson County, MN
How long does it take to sell a home in Jackson County, MN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 60 Days | +442.9% |
Summary: Homes in Jackson County had an average of 60 days on market in Apr 2024, up by 442.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Jackson County; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.