Home Values

Jackson Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$59,700

  • -4.6% 1-year change
  • 4.0% 1-year forecast

The median home value in Jackson is $59,700. Jackson home values have declined -4.6% over the past year and Zillow predicts they will rise 4.0% within the next year. The median price of homes currently listed in Jackson is $89,900 while the median price of homes that sold is $50,000.

Foreclosures will be a factor impacting home values in the next several years. In Jackson 2.2 homes are foreclosed (per 10,000). This is lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Jackson is 4.6%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Jackson homeowners underwater on their mortgage is 16.0%, which is lower than Augusta Metro at 19.9%.

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Relative ZHVI
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Jackson Market Overview

Data through Oct 31, 2014
  • $59,700 ZHVI
  • 4.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $89,900 Median listing price
  • No recent data Median sale price
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Jackson Market Health

Data through Oct 31, 2014
  • 6.7/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 16.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.2 homes Jackson
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Martinez $133,400
North Augusta $132,100
Hephzibah $109,800
Name Median ZHVI
Aiken $107,500
Belvedere $79,400
Augusta $75,300
Name Median ZHVI
Trenton $67,900
New Ellenton $61,900
Burnettown $60,700

Listings & Sales

Data through Oct 31, 2014
  • $63 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 14.8% Listings with price cut
27.3%
Sold below listing
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Jackson Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $757 Jackson
    $874 Augusta Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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