Home prices
The median home price in Jackson is $117,500. In comparison to its nearby areas it is roughly $12,260 (9%) lower.It is about $100,000 (45%) lower compared to the entire nation, and compared to the city of Mankato it is approximately $61,900 (34%) lower.
Rents
Jackson's median monthly rent is $711. Compared to its surrounding areas it is roughly $13 (1%) lower.In comparison to the nation as a whole it is roughly $351 (33%) lower, and is roughly $188 (20%) lower compared to the city of Mankato.
Nearby places
Alpha
Alpha is approximately 5 miles east from Jackson. Its real estate prices are significantly less expensive. The median home cost in Alpha is $62,500, which is $55,000 (87%) lower than Jackson. Its rents are substantially less expensive. In Alpha the median monthly rent is $488, which is $223 (45%) lower than Jackson.
Lakefield
Lakefield is approximately 8 miles west of Jackson. Its housing prices are somewhat less expensive. The median home in Lakefield costs $93,000, which comes out to $24,500 (26%) lower than Jackson. Rents there are a bit more expensive. The median rent in Lakefield is $774 per month, which is $63 (8%) higher than Jackson.
Dunnell
Dunnell is roughly 10 miles southeast of Jackson. Housing prices there are significantly less expensive. The cost of the median home in Dunnell is $31,900, which is $85,600 (268%) lower than Jackson. Rents there are pretty similar. Dunnell's median monthly rent is $725, which is $14 (1%) higher than Jackson.
Sherburn
Sherburn is roughly 11 miles east from Jackson. The real estate prices there are substantially less expensive. The median home in Sherburn costs $73,900, which comes out to $43,600 (58%) lower than Jackson. Rents there are pretty similar. The median rent in Sherburn is $701 a month, which comes out to $10 (1%) lower than Jackson.
Orleans
Orleans is roughly 12 miles south of Jackson. The housing prices there are a lot more expensive. The median home in Orleans is valued at $387,500, which works out to $270,000 (69%) higher than Jackson. Rent there is a bit more expensive. Orleans's median rent is $933 per month, which comes out to $222 (23%) higher than Jackson.
