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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Jackson was a Seller's Market.

Key Takeaway

Jackson is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Jackson, WI

How much do homes in Jackson, WI cost?

Median Sold Price

$353,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$45,500(+14.8%)

Key Takeaway

Homes in Jackson have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Jackson was $353,000 in February 2024, up 14.8% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $165K$148.5K
-10.0%
2 $225K$239.9K
+6.6%
3 $342.5K$356K
+3.9%
4 $425K$509.9K
+20.0%
5+ $637.2K$661.2K
+3.8%

Summary: Jackson housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 3.8%.

Median Sold Price Compared To Nearby Cities

Wisconsin Dells
+35.8%
Jackson
+14.8%

Housing Supply in Jackson, WI

How many homes are available in Jackson, WI?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3955+41.0%

Summary: The Jackson real estate market had 55 homes for sale in February 2024, a 41.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1222
+83.3%
3 1620
+25.0%
4 912
+33.3%
5+ 21
-50.0%

Summary: The Jackson housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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 4 homes were sold or pending in Jackson in February 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% 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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Jackson, WI

Nearby Markets to Jackson, WI

What housing markets are near Jackson, WI?