Jackson, WI Real Estate

Jackson Real Estate

The Village of Jackson, Wisconsin is a community prospering in the middle of the Kettle Moraine State Forest area in Washington County. Populated by 6,189 people, the Jackson offers a small town environment with big city amenities. The village is located in Washington County; just north of Milwaukee and south of West Bend. Jackson has convenient access to Highway 45 and Highway 60 for people looking to commute to the metropolitan areas.

Real Estate
For those looking to settle into the Jackson community, there are many options to choose from. The Jackson housing market offers open concept ranch, hobby farms, condominiums and exquisite executive homes. The average cost of a home in the village is $150,000.

Amenities
The village is very active in the community and schedules many events for the whole family to enjoy. Activities in the area include “Action in Jackson” festival, Movie and Music Nights in the Park, Village Wide Rummage Sale and more. The Jackson Joint Parks and Recreation Department  holds events such as fall and winter activities for everyone to take pleasure in.

The gorgeous Kettle Moraine landscape surrounding the area offers residents the outdoor space to enjoy many pastimes. New and long-time residents are pleased about the options to hike, cross-country ski, and bike around the well maintained trails.

History
Established in 1872, Jackson was once known as Riceville (misspelled German last name) and was a rural community developed on 400 acres purchased by Franz Reis. The community thrived after a railroad was built. The train traveled from Milwaukee to Fond du Lac. When Reis heard of the project, he offered the railroad company a lot for a depot. The railroad played a key role in the flourish of Jackson for many years. People living in Jackson at that time tell stories about commuting by train to high school classes in West Bend.

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Schools
  District Type Enrollment # Student Teacher Ratio Test Score Rank
Jackson Elementary School (Jackson) West Bend School District Public 373 15 JACKSON ELEMENTARY SCHOOL GreatSchools Rating
Market Conditions
Market Conditions for Jackson - July 2020 | Shorewest Realtors®
July 2020

Market Conditions for Jackson

Median Sale Price Graph

Median Sale Price

The median sale price for homes in July was $385,000. The median sales price for homes in July rose by $81,250 compared to last month. This represents a 26.74% increase from June. Compared to the same month last year, the median price of homes rose by $120,000 representing a 45.28% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale Graph

Homes for Sale

The inventory of homes for sale fell by 5 in July to 29. This represents 14.7% decrease from June when 34 homes were on the market. Compared to the same month last year when there were 35 homes for sale, the inventory of homes for sale has fallen by 6 representing a -17.14% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold Graph

Homes Sold

The 19 homes sold in July was 7 less than in June. This represents a 26.92% decrease in sales from June. Compared to the same month last year, the number of homes sold decreased by 9, a -32.14% year-over-year decrease.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Average Days on Market Graph

Avg Days on Market

The average days on market for a home sold in July (33) increased by 4 days compared to June. This represents a 13.79% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold increased by 18, a 120% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

Sale/List Price Ratio

The Sale/List Price Ratio of 97.97% in July fell by 0.51% compared to June and decreased 2.16% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes Graph

New Homes

The number of homes listed in July (14) fell by 4 compared to June, a 22.22% change. Compared to July 2019, the number of new listings decreased by 16, a -53.33% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Graph

Median List Price

The median list price in July was $332,400. The median list price for homes in July rose by $89,950 compared to last month. This represents a 37.1% increase from June. Compared to the same month last year, the median list price of homes increased $62,950 representing a 23.36% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




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All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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