Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$227,184+0.5% YoY · prices are flat
Market right nowBalanced marketFewer homes for sale than last year, 14% have cut their price
Income needed to buy, per year$49,249About 0.6× the local median income ($79,179): affordable for a typical household
Days on market104 daysSlower than a year ago: buyers have time to negotiate
The typical home in Jackson County, MN is worth $227,184, up 0.5% from a year ago. That is well above what local incomes have historically supported: fair value is about $202,565, so the area is 12.2% overvalued. It is a balanced market: homes take about 104 days to sell, listings are down 11% from a year ago, 14% of listings have had a price cut. A household needs about $49,249 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $79,179. Typical rent is $1,262 a month. In the latest IRS figures, 34 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$227,184
Change in 1 year
+0.5%
Overvalued %
+12.2%
Show 6 more
Fair home value
$202,565
Change in 5 years
+36.8%
Home value to income
2.9×
Monthly mortgage payment (20% down)
$1,231
Income needed to afford it
$49,249
Property tax rate
0.93%
Rent and investing
Typical rent
$1,262
Price-to-rent ratio
15.0×
HUD Fair Market Rent, 2 bedrooms
$1,014
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Gross rental yield
6.67%
Cap rate (estimate)
4.33%
Market activity
Listings vs a year ago
−11.4%
Days on market
104
Listings with a price cut
14.3%
Show 3 more
Homes for sale
39
Pending sales per 100 listings
18
Asking price per sq ft
$101
People and jobs
Median household income
$79,179
Population change (1 year)
−0.2%
Unemployment rate
2.4%
Show 4 more
Population
9,857
Income adjusted for cost of living
$92,176
Net moves in (IRS)
+34
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
5.1
FEMA hazard risk score (0 to 100)
22.4
Flood risk score
33.2
Show 3 more
Wildfire risk score
32.4
Walkability (1 to 20)
5.7
Road, rail and air noise
54 dB
Questions people ask
Is Jackson County, MN overvalued?
Home prices in Jackson County, MN are well above what local incomes have historically supported: fair value is about $202,565, so the area is 12.2% overvalued.
Is Jackson County, MN a buyer's or seller's market?
Jackson County, MN is a balanced market: homes take about 104 days to sell, listings are down 11% from a year ago, 14% of listings have had a price cut.
Are home prices going down in Jackson County, MN?
Home values in Jackson County, MN are up 0.5% over the last year.
How much do you need to earn to buy a home in Jackson County, MN?
A household needs about $49,249 a year to afford the typical home in Jackson County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $79,179.