Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 10,698 people, 4,352 houses or apartments, and a median cost of homes of $1,724,900, Jackson house prices are not only among the most expensive in Wyoming, Jackson real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Jackson, accounting for 34.79% of the town's housing units. Other types of housing that are prevalent in Jackson include duplexes, homes converted to apartments or other small apartment buildings ( 22.68%), row houses and other attached homes ( 20.25%), and a few large apartment complexes or high rise apartments ( 18.58%).
People in Jackson primarily live in small (one, two or no bedroom) single-family detached homes. Jackson has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Jackson built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jackson built between 2000 and later ( 28.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.07%). There's also some housing in Jackson built before 1939 ( 4.89%).
Vacant housing appears to be an issue in Jackson. Fully 15.51% of the housing stock is classified as vacant. Left unchecked, vacant Jackson homes and apartments can be a drag on the real estate market, holding Jackson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Jackson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.96% during the period.
Over the last year, Jackson appreciation rates have trailed the rest of the nation. In the last twelve months, Jackson's appreciation rate has been 5.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Jackson were at 4.60%, which equates to an annual appreciation rate of 19.69%.
Importantly, this makes Jackson one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Wyoming, our data show that Jackson's latest annual appreciation rate is higher than 70% of the other cities and towns in Wyoming.
$1,724,900
for Wyoming
for nation
4,352
$2,356 / per month