Housing in Jackson

A typical Jackson home is worth roughly $177,000

Home prices around Jackson have risen about 65% over the past 5 years.

Typical home value

$177K

▲ 7.5% in a year · IN $260K

Estimate

2-bedroom rent

$1,120

a month, utilities in · HUD

Median tax bill

$756

IN $1,614

What kind of housing town is Jackson?

Read from the numbers below. The page puts what stands out first.

Prices climbing fastUp 7.5% in a year.Your money goes further32% below the Indiana typical home.A town of owners89% of households own their home.

★ What stands out · Price trend

Home prices up 65% in 5 years

The federal house price index for the ZIP codes around Jackson rose 65% over the past 5 years, faster than across Indiana (53%). Last year prices rose 7.5%.

Jackson areaIndiana

+7.5%

past year

+65%

past 5 years

+115%

past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Jackson, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 1.8 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about

$413,000

Typical Jackson home $177K

That covers a typical Jackson home, with $236K to spare.

The typical home, each month

$990

Loan $880Tax $60Insurance $50

A two-bedroom rents for about $1,120 a month here, $130 more than owning.

Where your budget reaches nearby

Franklin$188K Eel River$323K Floyd$264K Clark$166K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Jackson’s typical property tax (0.43% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

89% of Jackson households own their home

Half of Jackson’s homes were built before 1983.

Owners and renters

Own 89%Rent 11%

Indiana: 71% own.

1983

typical home built · IN 1976

$756

median property tax bill · IN $1,614

0.43%

of a home’s value, a year in tax · IN 0.74%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,120

Renters already here pay a median of $229, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$810

1 bedroom$920

2 bedrooms$1,120

3 bedrooms$1,500

4 bedrooms$1,760

11%

of households rent · IN 29%

renter households

$229

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Montgomery County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Jackson vs. its neighbors

Jackson is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Eel River$323K Floyd$264K Franklin$188K Jackson$177K Clark$166K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Jackson	$177K*	+7.5%†	$1,120	$99,158
Franklin	$188K*	+8.1%†	$1,090	$85,169
Eel River	$323K*	−0.4%†	$1,690	$86,369
Floyd	$264K*	—	$1,200	$88,442
Clark	$166K*	+11.3%†	$1,090	$77,361

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Jackson buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Jackson still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.