Jackson, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Jackson Neighborhoods Since 2000




Jackson, MO 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 a population of 14,869, 5,387 total housing units (homes and apartments), and a median house value of $171,325, Jackson real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Jackson, accounting for 78.71% of the city's housing units. Other types of housing that are prevalent in Jackson include duplexes, homes converted to apartments or other small apartment buildings ( 11.37%), large apartment complexes or high rise apartments ( 6.44%), and a few row houses and other attached homes ( 2.12%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jackson. Owner-occupied housing accounts for 66.37% of Jackson's homes, and 66.68% have either three or four bedrooms, which is average sized relative to America.

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 ( 23.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.06%). There's also some housing in Jackson built before 1939 ( 6.30%).

Jackson Home Appreciation Rates

Appreciation rates for homes in Jackson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.66%, which ranks in the top 50% nationwide. This equates to an annual average Jackson house appreciation rate of 0.36%.

Over the last year, Jackson appreciation rates have trailed the rest of the nation. In the last twelve months, Jackson's appreciation rate has been 1.27%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jackson were at -1.39%, which equates to an annual appreciation rate of -5.45%.

Notably, Jackson's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$171,325

Jackson, MO HOME PRICES

Value Range
> $1,042,000 0.4
$782,001 - $1,042,000 0.3
$521,001 - $782,000 1.7
$417,001 - $521,000 1.4
$313,001 - $417,000 4.1
$209,001 - $313,000 17.8
$104,001 - $209,000 52.6
$52,001 - $104,000 12.6
$0 - $52,000 9.1

High for MO
Average for Nation

Value Relative to Nation Value Relative to State
41.1637173327083 21.8

Number Of Homes And Apartments:
5,387

Jackson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
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
25.98% 1.35% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,011 / per month

Homeownership Rate

Homeownership
Owners 66.37
Renters 33.63
Vacant 6.52

Housing Market Details

 

Age of Homes

AGE OF Jackson HOMES
2000 or Newer 18.1
1970 - 1999 51.9
1940 - 1969 23.7
1939 or Older 6.3

Types of Homes

TYPE OF Jackson HOMES
Single-Family 78.7
Townhomes 2.1
Small Apt. Buildings 11.4
Apt. Complexes 6.4
Mobile Homes 1.4
Other 0.0

Home Size

SIZE OF Jackson HOMES
No Bedroom 1.58
1 Bedroom 5.88
2 Bedrooms 22.64
3 Bedrooms 49.59
4 Bedrooms 17.09
5 or more bedrooms 3.21