The story of this market
The typical home in ZIP 49202 sells for about $149,950, or $108 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $934 a month.
ZIP 49202 — Jackson
The housing market in 49202 remains affordable with steady demand, driven by local employment and a limited supply of entry-level homes. While price growth has been modest, the rental market is experiencing significant upward pressure due to low vacancy rates. Overall, the market is stable, reflecting the broader economic conditions of the Jackson area.
This ZIP is well-suited for budget-conscious first-time homebuyers, long-term investors, and renters seeking affordability. It is less ideal for those prioritizing high-end amenities or top-tier school districts, but offers a central location for those working within the Jackson metro area.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 21.8% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 49202, Jackson County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Jackson are generally higher than the national average, with property crime being the most frequently reported issue. The area experiences localized fluctuations in safety, consistent with urban centers of similar size in Michigan.
Public schools serving the area are part of Jackson Public Schools, which faces ongoing challenges with academic performance metrics and resource allocation. Educational outcomes vary significantly by specific school site within the district.
The area is primarily at risk for severe weather events, including high winds and occasional heavy precipitation leading to localized flooding. Insurance premiums are influenced by these regional climate factors and the age of the housing stock.
Economic momentum is driven by manufacturing, healthcare, and public sector employment in the greater Jackson area. Development is focused on urban revitalization and infrastructure maintenance rather than large-scale greenfield expansion.
Property taxes are assessed by Jackson County based on the taxable value of the property, which is capped by state law. The total millage rate includes levies for local schools, the city, and county services, with no state-level income tax linkage for residential parcels.
Residents primarily rely on personal vehicles for commuting, with easy access to I-94 and US-127 providing connections to larger employment hubs like Ann Arbor and Lansing. Public transit options are limited to local bus services within the city of Jackson.
The area features several local parks and green spaces, including proximity to the Grand River and various community recreational facilities. Shopping and dining are concentrated along the major commercial corridors of Michigan Avenue.
The rental market is characterized by high demand and limited supply, leading to significant rent growth in recent years. Vacancy rates remain low, and the market is attractive to long-term investors seeking stable cash flow.
The economy is anchored by manufacturing, healthcare systems, and government services. Major employers include regional medical centers and industrial manufacturing firms.
The area is served by a network of state highways and is positioned near the I-94 corridor. Public transportation is provided by the Jackson Area Transportation Authority.
Development is focused on infill projects and the rehabilitation of historic structures within the city limits. There are no major large-scale greenfield developments currently planned for this ZIP.
The Jackson County Equalization Department oversees property assessments, ensuring compliance with state-mandated valuation standards.
Parcels are subject to local school district taxes, county operating levies, and specific municipal service districts.
Property insurance costs are moderate, though premiums are sensitive to the age of the home and regional weather-related risk factors.
Michigan has experienced modest net domestic migration, with urban centers like Jackson seeing stable population retention.
Michigan is a judicial foreclosure state, requiring court involvement for the foreclosure process, which provides a structured timeline for homeowners.
Sellers are required to provide a written disclosure statement regarding the condition of the property, including known defects.
Data retrieved from data.census.gov using ZCTA 49202 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A large municipal park featuring trails, golf, and community events.
The central business district offering various local restaurants and retail.
Provides scenic views and recreational access points throughout the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.