Jackson County, Minnesota Housing Market

In Jackson County, Minnesota, the median home value is $157,100, with a median monthly rent of $787. This places Jackson County at #2088 nationally out of 3134 counties by median home value, and #79 within Minnesota.

Median Home Value $157,100
Median Rent $787/mo
Owner Occupancy 80.1%
Price/Rent Ratio 16.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Jackson County rose +2.2% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,188
jobs (private sector)
  • Avg weekly wage: $972
  • Establishments: 334
  • BLS QCEW, 2025
🏗️

Housing Supply

62
new units authorized (2025)
  • Single-family: 8
  • Multi-family: 54
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+241
net migration (filers, 2021-2022)
  • Inflow: 4,408 (avg $77,255)
  • Outflow: 4,167 (avg $78,770)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Jackson County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 56143 253.4 -2.91% 2025
2 56187 308.6 +4.57% 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.

How Jackson County Compares

MetricJackson CountyMinnesota AverageU.S. Average
Median Home Value $157,100 $238,335 $227,706
Median Gross Rent $787 $938 $968
Owner Occupancy Rate 80.1% 77.9% 73.3%
Price/Rent Ratio 16.6 21.1 18.7

Market Analysis

The median home value in Jackson County is 34.1% below the Minnesota state average and 31.0% below the U.S. national average. The median rent of $787/month is 16.1% below the state average.

With a price-to-rent ratio of 16.6, the buy-vs-rent decision in Jackson County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Jackson County has an owner-occupancy rate of 80.1%, compared to 77.9% in Minnesota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Delta County Michigan $157,100 $692
Pontotoc County Mississippi $157,100 $864
St. Clair County Missouri $157,100 $622
Lafayette County Florida $157,200 $896
Wabash County Indiana $157,200 $762

Other Counties in Minnesota

CountyMedian Home ValueMedian RentOwner Occ.
Koochiching County $156,600 $671 80.4%
Lac qui Parle County $157,600 $728 82.5%
Chippewa County $156,100 $869 72.3%
Redwood County $158,200 $757 78.4%
Yellow Medicine County $154,700 $678 84.0%

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).