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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 5,132 people, 2,219 houses or apartments, and a median cost of homes of $531,412, 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 56.25% of the city's housing units. Other types of housing that are prevalent in Jackson include large apartment complexes or high rise apartments ( 16.16%), duplexes, homes converted to apartments or other small apartment buildings ( 11.48%), and a few mobile homes or trailers ( 11.36%).
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 2000 and later ( 26.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.94%). There's also some housing in Jackson built before 1939 ( 13.39%).
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 5.85%, 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 1.74%, 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 -0.26%, which equates to an annual appreciation rate of -1.04%.
Notably, Jackson's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Jackson's latest annual appreciation rate is lower than 50% of the other cities and towns in California.
$531,412
for California
for nation
2,219
$2,064 / per month