Is Jackson, WI 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, WI
How much do homes in Jackson, WI cost?
Median Sold Price
$355,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jackson have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in Jackson was $355,000 in March 2024, up 16.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156K | $170K | +9.0% |
| 2 Bedrooms | $226K | $247.5K | +9.5% |
| 3 Bedrooms | $342.5K | $377.7K | +10.3% |
| 4 Bedrooms | $425K | $509.9K | +20.0% |
| 5+ Bedrooms | $637.2K | $661.2K | +3.8% |
Summary: Jackson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in Jackson, WI
How many homes are available in Jackson, WI?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 49 | 57 | +16.3% |
Summary: The Jackson real estate market had 57 homes for sale in March 2024, a 16.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 21 | 21 | 0.0% |
| 3 Bedrooms | 16 | 23 | +43.8% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Jackson housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 43.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 12 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 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 12 homes were sold or pending in Jackson in March 2024, up by 200.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for Jackson, WI
We’re sorry, we don't have information for this market at the moment
