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.
Housing Prices in Jackson, WI
How much do homes in Jackson, WI cost?
Median Sold Price
$322,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jackson was $322,000 in March 2024, up 4.7% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112K | $170K | +51.8% |
2 Bedrooms | $226K | $242.4K | +7.3% |
3 Bedrooms | $348K | $337K | -3.2% |
4 Bedrooms | $400K | $499.9K | +25.0% |
5+ Bedrooms | $480.9K | $661.2K | +37.5% |
Summary: Jackson housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.8%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 37.5%.
Housing Supply in Jackson, WI
How many homes are available in Jackson, WI?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 79 | +21.5% |
Summary: The Jackson real estate market had 79 homes for sale in March 2024, a 21.5% 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 | 26 | 26 | 0.0% |
3 Bedrooms | 21 | 30 | +42.9% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 3 | 6 | +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 42.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 16 | +300.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Jackson in March 2024, up by 300.0% month-over-month. Of the 16 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Jackson, WI
How long does it take to sell a home in Jackson, WI?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
267 Days | 92 Days | -65.5% |
Summary: Homes in Jackson had an average of 92 days on market in Mar 2024, down by 65.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Jackson; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.