The story of this market
The typical home in Jackson County, Minnesota sells for about $240,000, or $145 per square foot.
Prices are down 14.5% from a year ago, which gives buyers more room to negotiate. Homes take about 791 days to sell, which is slow. Over the long run, values in this county have grown 154% since 2000. The biggest natural hazard here is winter weather, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,014 a month.
HUD sets the fair market rent for a 2-bedroom at $1,014 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2001 (+19%). Worst: 2000 (-17.3%). Hover to read a year.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,328
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 4 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
77
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $9,805,256.
Mortgage activity
Home lending in this county
75.4%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 235 | 120 | 75.4% | 1.5% | $135,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Jackson County, Minnesota
The Jackson County housing market is currently experiencing a cooling phase with a significant year-over-year price decline and rising inventory levels. High days on market and a shift toward a buyer-favored environment reflect broader economic pressures in this rural market. Current conditions are driven by limited demand and a correction from previous price peaks.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 52.8% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 4 cities · 7 ZIP reports
Median prices moved sideways 0.0% year over year.
Homes spend a median of 69 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 5.63% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 8.2% — a stable, low-distress profile.
Deterministic aggregate of 6 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Jackson County, Minnesota — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 23
researched Sep 23
researched Sep 23
researched Sep 23
researched Sep 23
researched Sep 23
| 56134 | Hardwick | $295,000 | $132 | — | 66 | 96.6% | — | — | — | $663 | researched Sep 23 |
| 56137 | Heron Lake | $175,000 | $115 | +2.1% | 84 | 97.2% | 12.5% | 5.2 | 42 | $830 | researched Sep 23 |
| 56143 | Jackson | $197,250 | $108 | — | 79 | — | — | — | 44 | $770 | researched Sep 23 |
| 56150 | Lakefield | $192,450 | $107 | — | 52 | — | — | — | 9 | $945 | researched Sep 23 |
| 56162 | Ormsby | $264,000 | $112 | -2.4% | 142 | 94% | 12% | 18 | 4 | $1,292 | researched Sep 23 |
| 56181 | Welcome | $145,000 | $105 | +2.1% | 88 | 97.5% | 15% | 4 | 12 | $900 | researched Sep 23 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county faces moderate flood risk with approximately 1,490 properties projected to be severely affected over the next 30 years.
The economy is primarily driven by agriculture and small-scale manufacturing, with limited large-scale industrial development momentum.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
The county features several local parks and access to rural outdoor recreation, including fishing and hunting areas.
The rental market is characterized by low inventory and a median rent of $736, with a long-term affordability ratio of approximately 11.3 years.
The economy is anchored by the agricultural sector and small-town service industries.
The county is served by regional highway corridors including I-90, facilitating east-west transit.
The county assessor maintains property valuations based on annual market analysis and state-mandated assessment cycles.
The county is served by various independent school districts and local utility cooperatives.
Property insurance premiums are influenced by regional weather patterns and flood risk assessments.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Provides local fishing and recreational opportunities for residents.
Hosts annual community events and agricultural exhibitions.
Data retrieved from Census Reporter and ExecutivePulse profiles.
applies when — Property containing a homestead subject to foreclosure
The mortgagor has the right to designate a portion of the property as a homestead to be sold and redeemed separately, provided it conforms to local zoning and is compact.
Minnesota Statutes 582.041
applies when — Parcels designated as condominium units
Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units.
Minnesota Statutes 515A.1-105
Allows non-judicial foreclosure. Requires notice of sale to be mailed to the mortgagor at least 14 days before the sale date and published in a newspaper. Mortgagors have specific redemption rights following the sale.
Minnesota Statutes Chapter 580
Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.25% for value exceeding $500,000.
2021 Classification Rate Table, Minnesota Department of Revenue
≈ $2,400/yr on a $240,000 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.