Is Jackson, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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, OH
How much do homes in Jackson, OH cost?
Median Sold Price
$184,950
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jackson have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in Jackson was $184,950 in March 2024, down 1.3% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $38.5K | $278.4K | +623.4% |
| 2 Bedrooms | $138.4K | $120.6K | -12.8% |
| 3 Bedrooms | $187.4K | $190K | +1.4% |
| 4 Bedrooms | $245K | $691K | +182.0% |
| 5+ Bedrooms | $238K | $282K | +18.5% |
Summary: Jackson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 623.4%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 182%, and 5+ bedroom homes increased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $205K | $254.2K | +24.0% |
| Jackson | $187.4K | $184.9K | -1.3% |
Housing Supply in Jackson, OH
How many homes are available in Jackson, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The Jackson real estate market had 22 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 13 | +44.4% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Jackson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jackson, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Jackson in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Jackson, OH
How long does it take to sell a home in Jackson, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 39 Days | 84 Days | +117.3% |
Summary: Homes in Jackson had an average of 84 days on market in Mar 2024, up by 117.3% 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
Key Takeaway
Many homes in Jackson are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Jackson; 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.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.