Jackson, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Jackson, WI Real Estate Data


Jackson Housing Market Information

With 6,859 people, 2,920 houses or apartments, and a median cost of homes of $241,774, Jackson real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Jackson, accounting for 47.30% of the village's housing units. Other types of housing that are prevalent in Jackson include large apartment complexes or high rise apartments ( 21.78%), row houses and other attached homes ( 13.44%), and a few mobile homes or trailers ( 11.10%).

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 73.87% of Jackson's homes, and 50.36% 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 2000 and later ( 34.96%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.66%). There's also some housing in Jackson built before 1939 ( 3.94%).

Jackson Home Appreciation Rates

Jackson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Jackson during the period has been just -1.01%, which is lower than 70% of US communities.

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 1.92%, 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 0.02%, which equates to an annual appreciation rate of 0.07%.

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

Average Home Values

 

Median Home Value:
$241,774

Jackson, WI HOME PRICES

Value Range
> $1,086,000 0.0
$815,001 - $1,086,000 1.9
$543,001 - $815,000 0.9
$435,001 - $543,000 4.1
$326,001 - $435,000 11.0
$217,001 - $326,000 35.4
$109,001 - $217,000 32.0
$54,001 - $109,000 2.6
$0 - $54,000 12.1

Very High for WI
High for Nation

Value Relative to Nation Value Relative to State
23.5263096214696 15.605749486653

Number Of Homes And Apartments:
2,920

Rent & Ownership

 

Average Market Rent:
$981 / per month

Homeownership Rate

Homeownership
Owners 73.87
Renters 26.13
Vacant 4.95

Housing Market Details

 

Age of Homes

AGE OF Jackson HOMES
2000 or Newer 35.0
1970 - 1999 52.4
1940 - 1969 8.7
1939 or Older 3.9

Types of Homes

TYPE OF Jackson HOMES
Single-Family 47.3
Townhomes 13.4
Small Apt. Buildings 6.4
Apt. Complexes 21.8
Mobile Homes 11.1
Other 0.0

Home Size

SIZE OF Jackson HOMES
No Bedroom 0.00
1 Bedroom 3.71
2 Bedrooms 44.89
3 Bedrooms 39.10
4 Bedrooms 11.26
5 or more bedrooms 1.04

Jackson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
20.01% 1.06% 3 2
* 10 is highest