Metro area index
Home appreciation in the Jackson, MI metro area
FHFA HPI® data shows the Jackson, MI metro area's all-transactions index changed +6.1% over the year to Q2 2026, versus +4.6% for Michigan and +3.0% for the U.S. That ranks 63rd of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +6.1%
- 5-year change
- +46.2%
- Since Q1 1995
- +223%
- Metro rank (1 year)
- 63rd
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Jackson, MI vs Michigan and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Jackson, MI: 323.0
- Michigan: 328.0
- United States: 391.6
Appreciation by time window
| Window | Metro | MI | U.S. | Gap vs MI | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.1% | +4.6% | +3.0% | +1.5 pts | +3.1 pts |
| 3 years | +22.0% | +18.0% | +12.9% | +4.0 pts | +9.2 pts |
| 5 years | +46.2% | +45.6% | +41.3% | +0.6 pts | +4.9 pts |
| 10 years | +108% | +104% | +93.3% | +4.5 pts | +14.7 pts |
| Since Q1 1995 | +223% | +228% | +292% | −5.0 pts | −68.6 pts |
3-digit ZIP regions in the Jackson, MI area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 492 · Jackson, MI area | MI | +7.3% | +47.4% | +224% | 46% |
Boom, bust, and recovery in Jackson, MI area
Jackson, MI area's index peaked in Q4 2005, fell 31.8% to its low in Q2 2012, and regained its peak in Q2 2019, about 13.5 years after the top. Today it sits +72.5% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2005 | Q2 2012 | -31.8% | Q2 2019 (13.5 yrs) | +72.5% |
| MI | Q3 2005 | Q2 2011 | -29.4% | Q2 2018 (12.8 yrs) | +83.3% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Jackson, MI area's index has changed +45.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | MI after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +2.1% | +0.7% | -0.8% |
| 3 years | +9.8% | +11.1% | +7.4% | +2.8% |
| 5 years | +24.0% | +17.9% | +17.4% | +13.9% |
| 10 years | +39.1% | +49.6% | +46.3% | +39.0% |
| Since Q1 1995 | +121% | +45.9% | +48.1% | +76.8% |
If you bought in the Jackson, MI area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +215% | $943,617 |
| Q2 2000 | +122% | $665,020 |
| Q2 2005 | +74.1% | $522,231 |
| Q2 2010 | +130% | $689,385 |
| Q2 2015 | +116% | $646,647 |
| Q2 2020 | +64.6% | $493,934 |
| Q2 2021 | +46.2% | $438,660 |
| Q2 2023 | +22.0% | $366,047 |
| Q2 2025 | +6.1% | $318,248 |
Frequently asked questions
- How much have home prices risen in the Jackson, MI area?
- FHFA HPI® data for the Jackson, MI metro area shows changes of +6.1% over one year, +46.2% over five years, and +108% over ten years to Q2 2026, and +223% since Q1 1995.
- Is the Jackson, MI area beating the national average?
- Over the past year the metro's index moved +3.1 pts versus the U.S.; over five years the gap is +4.9 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.