Jackson, GA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Jackson, GA Housing Market Trends

With a population of 5,239, 1,799 total housing units (homes and apartments), and a median house value of $137,158, house prices in Jackson are solidly below the national average.

Single-family detached homes are the single most common housing type in Jackson, accounting for 64.53% of the city's housing units. Other types of housing that are prevalent in Jackson include large apartment complexes or high rise apartments ( 16.88%), duplexes, homes converted to apartments or other small apartment buildings ( 15.76%), and a few mobile homes or trailers ( 1.48%).

The most prevalent building size and type in Jackson are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 44.13% owning and 55.87% renting.

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 ( 23.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.46%). There's also some housing in Jackson built before 1939 ( 18.22%).

Vacant housing appears to be an issue in Jackson. Fully 16.60% 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

Real estate appreciation rates in Jackson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.62% during the period.

NeighborhoodScout's data show that during the latest twelve months, Jackson's appreciation rate, at 5.78%, has been at or slightly above the national average. In the latest quarter, Jackson's appreciation rate has been 2.08%, which annualizes to a rate of 8.57%.

Relative to Georgia, our data show that Jackson's latest annual appreciation rate is lower than 70% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$137,158

Jackson, GA HOME PRICES

> $1,178,000
2.7%
2.7%
$883,001 - $1,178,000
0.0%
0.0%
$589,001 - $883,000
0.0%
0.0%
$471,001 - $589,000
0.6%
0.6%
$353,001 - $471,000
2.3%
2.3%
$236,001 - $353,000
8.8%
8.8%
$118,001 - $236,000
46.5%
46.5%
$59,001 - $118,000
26.9%
26.9%
$0 - $59,000
12.2%
12.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Average for GA

Value Relative To Nation

Number Of Homes And Apartments:
1,799

Jackson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
31.22% 1.30%
2
1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,127 / per month

Homeownership Rate

Owners
44.1%
44.1%
Renters
55.9%
55.9%
Vacant
16.6%
16.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
21.5%
21.5%
1970 - 1999
36.5%
36.5%
1940 - 1969
23.8%
23.8%
1939 or Older
18.2%
18.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
64.5%
64.5%
Townhomes
1.3%
1.3%
Small Apt. Buildings
15.8%
15.8%
Apt. Complexes
16.9%
16.9%
Mobile Homes
1.5%
1.5%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.7%
1.7%
1 Bedroom
9.0%
9.0%
2 Bedrooms
33.2%
33.2%
3 Bedrooms
46.2%
46.2%
4 Bedrooms
6.4%
6.4%
5 or more bedrooms
3.5%
3.5%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Jackson

Zip Codes in Jackson, GA