Market Overview
Home Prices in Jackson, MN
The median home value in Jackson, MN is $211,268 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.7% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jackson are priced48% below average.
Over the past five years, Jackson home values have risen by approximately30.3%, reflecting strong long-term appreciation in this market.
Price History
Jackson Home Price Trend
2020
$144,816
$145K
—
2021
$162,197
$162K
+12.0%
2022
$188,380
$188K
+16.1%
2023
$191,223
$191K
+1.5%
2024
$199,559
$200K
+4.4%
2025
$207,815
$208K
+4.1%
2026
$211,268
$211K
+1.7%
City Comparison
Jackson vs. National Median
🏠 Jackson
$211,268
National Median
$410,000
At $211,268, homes in Jackson cost 48% below the national median of $410,000. This makes Jackson a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jackson?
20% Down Payment
$42,254
on $211,268
Monthly P&I
$1,102/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,400/mo
incl. taxes & insurance
Income Needed
$56,000
gross annual (30% rule)
10% Down Option
$21,127
+ PMI applies
Loan Amount (20% dn)
$169,014
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Jackson, MN?
The median home value in Jackson is $211,268 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.7% year-over-year.
How much have home prices changed in Jackson?
Over the past year, home values in Jackson have increased by 1.7%. Over five years, prices have risen approximately 30.3%.
How much do I need to earn to buy a home in Jackson?
To comfortably afford the median home price of $211,268 with a 20% down payment ($42,254) at today's rates (6.8%), you'd need a gross annual income of approximately $56,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Jackson compare to the national average home price?
The national median home value is approximately $410,000. At $211,268, homes in Jackson are 48% below the national average.