Jackson Market Report – April 2025

Spring is here and April will be behind us before we know it. Hopefully the peak of pollen season is behind us now as well! This year is definitely off to an eventful start, with plenty of changes happening in the housing market. If you were considering listing your home this spring, the time is here!

You’ve put too much into your home over the years to leave money on the table. When you’re selling, you deserve insight and guidance from an expert in your local market. Here are the top things to know about the Jackson area real estate market right now:

Days on Market have Decreased

In March, the median days on market for sold properties here in Jackson decreased to 33, down from 34 days in February. Although this is technically a decrease, it is not significant enough to indicate any type of market shift using this data alone. Even when market stats like this are relatively flat, it’s still crucial to have the right strategy in place to prepare, price, and position it in a way that stands out to attract buyers’ attention and sell quickly.

Number of Properties Sold has Decreased

The number of properties sold in March dropped significantly to just 13, down from 29 closed sales in February. During this same time period, pending sales increased from 20 to 32. This is a pattern we’ve been seeing so far this year, shifting from low sales & higher pendings one month to higher sales & low pendings the next. With the local market constantly changing, sellers should focus on making sure they’re working with a professional that knows the local market and will ensure their home is positioned in a way that reaches and appeals to as many potential buyers as possible.

Median Sale Price has Increased

In March, the median sale price in Jackson increased to $310k, up from $257k the month before. Meanwhile, we also saw a sharp increase in the number of available properties on the market. Even though increases in inventory can often put downward pressure on prices, the median sales price reached the highest we’ve seen all year. It’s important for sellers to work with an agent who is monitoring these shifts to set appropriate prices and expectations from the start to maximize sales price while minimizing days on market.