Housing in Jackson

A typical Jackson home is worth roughly $198,000

Home prices around Jackson have risen about 84% over the past 5 years.

Typical home value

$198K

▲ 17.8% in a year · IN $260K

Estimate

2-bedroom rent

$960

a month, utilities in · HUD

Median tax bill

$973

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 17.8% in a year.Your money goes further24% below the Indiana typical home.Older homesThe typical home was built around 1938.A town of owners92% of households own their home.

★ What stands out · Price trend

Home prices up 84% in 5 years

The federal house price index for the ZIP codes around Jackson rose 84% over the past 5 years, faster than across Indiana (53%). Last year prices rose 18%.

Jackson areaIndiana

+18%

past year

+84%

past 5 years

+137%

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

What it takes to buy in Jackson

Try your own numbers below.

You could afford about

$287,000

Typical Jackson home $198K

That covers a typical Jackson home, with $89K to spare.

The typical home, each month

$1,160

Loan $980Tax $120Insurance $60

A two-bedroom rents for about $960 a month here, $200 less than owning.

Where your budget reaches nearby

Ward$134K Wayne$92K Madison$117K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Indiana typical property tax (0.74% 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

92% of Jackson households own their home

Half of Jackson’s homes were built before 1938.

Owners and renters

Own 92%Rent 8%

Indiana: 71% own.

1938

typical home built · IN 1976

$973

median property tax bill · IN $1,614

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 $960

Fair Market Rent a month, utilities included

Studio$680

1 bedroom$830

2 bedrooms$960

3 bedrooms$1,260

4 bedrooms$1,270

of households rent · IN 29%

renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Jay 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 priciest of 4 neighboring towns. Tap one to see its housing page.

Jackson$198K Ward$134K Madison$117K Wayne$92K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Jackson	$198K*	+17.8%†	$960	$73,906
Ward	$134K*	—	$970	$72,841
Wayne	$92K*	+15.9%†	$960	$45,983
Madison	$117K*	+3.1%†	$960	$56,786

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.