Jackson County, Illinois Housing Market
In Jackson County, Illinois, the median home value is $137,300, with a median monthly rent of $782. This places Jackson County at #2401 nationally out of 3134 counties by median home value, and #48 within Illinois.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,082
- Establishments: 1,051
- BLS QCEW, 2025
Housing Supply
- Single-family: 4
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 19,335 (avg $65,491)
- Outflow: 18,042 (avg $67,281)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 6 active ZIP codes in Jackson County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 62274 | 253.1 | +28.06% | 2025 |
| 2 | 62832 | 239.2 | +14.09% | 2025 |
| 3 | 62966 | 190.1 | +15.88% | 2025 |
| 4 | 62918 | 204.2 | +7.24% | 2025 |
| 5 | 62901 | 175.3 | +7.29% | 2025 |
| 6 | 62902 | 168.7 | +3.22% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
📝 Editor's Insight
None
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Jackson County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Jackson County →How Jackson County Compares
| Metric | Jackson County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $137,300 | $153,019 | $227,706 |
| Median Gross Rent | $782 | $867 | $968 |
| Owner Occupancy Rate | 50.0% | 75.8% | 73.3% |
| Price/Rent Ratio | 14.6 | 14.5 | 18.7 |
Market Analysis
The median home value in Jackson County is 10.3% below the Illinois state average and 39.7% below the U.S. national average. The median rent of $782/month is 9.8% below the state average.
With a price-to-rent ratio of 14.6, buying a home in Jackson County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Jackson County has an owner-occupancy rate of 50.0%, compared to 75.8% in Illinois and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Duplin County | North Carolina | $137,400 | $865 |
| Shelby County | Illinois | $137,100 | $814 |
| Schuyler County | Missouri | $137,500 | $382 |
| Socorro County | New Mexico | $137,500 | $691 |
| Cleveland County | Arkansas | $137,600 | $536 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Shelby County | $137,100 | $814 | 78.4% |
| Iroquois County | $137,800 | $799 | 80.0% |
| Macoupin County | $138,200 | $801 | 78.5% |
| Randolph County | $135,100 | $780 | 76.6% |
| Stephenson County | $134,900 | $798 | 70.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).