Jackson, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Jackson Neighborhoods Since 2000




Jackson, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Jackson Housing Market Information

With 4,649 people, 1,884 houses or apartments, and a median cost of homes of $368,018, real estate costs in Jackson are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Jackson, accounting for 62.25% of the city's housing units. Other types of housing that are prevalent in Jackson include large apartment complexes or high rise apartments ( 13.12%), mobile homes or trailers ( 12.99%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.10%).

People in Jackson primarily live in small (one, two or no bedroom) single-family detached homes. Jackson has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Jackson built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jackson built between 1940-1969 ( 19.57%). A lesser amount of the housing stock also hails from before 1939 ( 17.79%). There's also some housing in Jackson built between 2000 and later ( 16.93%).

Vacant housing appears to be an issue in Jackson. Fully 18.44% of the housing stock is classified as vacant. Left unchecked, vacant Jackson homes and apartments can be a drag on the real estate market, holding Jackson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Jackson Home Appreciation Rates

Homes have actually lost value in Jackson over the last then years, as home values have seen a decline of 20.29% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Jackson home appreciation rates at 1.82%, which equates to an annual appreciation rate of 7.47%.

Appreciation rates are so strong in Jackson that despite a nationwide downturn in the housing market, Jackson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Jackson appreciation rates continue to be some of the highest in America, at 10.46%, which is higher than appreciation rates in 95.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Jackson. Jackson appreciation rates in the latest quarter were at 1.82%, which equates to an annual appreciation rate of 7.47%.

Importantly, this makes Jackson one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Jackson's latest annual appreciation rate is higher than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$368,018

Jackson, CA HOME PRICES

Value Range
> $1,376,000 0.5
$1,032,001 - $1,376,000 1.3
$688,001 - $1,032,000 10.1
$550,001 - $688,000 10.7
$413,001 - $550,000 15.5
$275,001 - $413,000 29.3
$138,001 - $275,000 16.5
$69,001 - $138,000 5.2
$0 - $69,000 10.9

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
11.0043361068792 57.6719576719577

Number Of Homes And Apartments:
1,884

Jackson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
55.41% 2.59% 2 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,385 / per month

Homeownership Rate

Homeownership
Owners 60.67
Renters 39.33
Vacant 18.44

Housing Market Details

 

Age of Homes

AGE OF Jackson HOMES
2000 or Newer 16.9
1970 - 1999 45.7
1940 - 1969 19.6
1939 or Older 17.8

Types of Homes

TYPE OF Jackson HOMES
Single-Family 62.3
Townhomes 5.5
Small Apt. Buildings 6.1
Apt. Complexes 13.1
Mobile Homes 13.0
Other 0.0

Home Size

SIZE OF Jackson HOMES
No Bedroom 2.34
1 Bedroom 11.82
2 Bedrooms 35.24
3 Bedrooms 37.01
4 Bedrooms 10.82
5 or more bedrooms 2.77

Zip Codes in Jackson, CA