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 a population of 5,867, 1,995 total housing units (homes and apartments), and a median house value of $246,240, 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 68.57% of the city's housing units. Other types of housing that are prevalent in Jackson include large apartment complexes or high rise apartments ( 15.18%), duplexes, homes converted to apartments or other small apartment buildings ( 10.46%), and a few mobile homes or trailers ( 5.06%).
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 49.22% owning and 50.78% renting.
Jackson homes and real estate are some of the newest in America. 41.40% of Jackson's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Jackson real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.92%), and between 1940-1969 ( 20.83%). There's also some housing in Jackson built before 1939 ( 2.85%).
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 105.79%, which ranks in the top 30% nationwide. This equates to an annual average Jackson house appreciation rate of 7.48%.
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 -2.26%, 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 0.28%, which equates to an annual appreciation rate of 1.11%.
Relative to Georgia, our data show that Jackson's latest annual appreciation rate is lower than 90% of the other cities and towns in Georgia.
$246,240
for Georgia
for nation
1,995
$1,209 / per month