Cities with the fastest growing home prices in Jackson, Michigan metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Jackson, Michigan metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Jackson, MI metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 14 cities and towns with data available were included in the list.

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1 / 14
Stacker

#14. Michigan Center, Michigan Center

- 1-year price change: +$14,200 (+8.4%)
- 5-year price change: +$79,047 (+75.2%)
- Typical home value: $184,119 (#13 most expensive city in metro)
2 / 14
Stacker

#13. Jackson, Jackson

- 1-year price change: +$16,443 (+10.5%)
- 5-year price change: +$69,639 (+67.5%)
- Typical home value: $172,844 (#14 most expensive city in metro)
3 / 14
Stacker

#12. Hanover, Hanover

- 1-year price change: +$19,542 (+10.3%)
- 5-year price change: +$80,485 (+62.1%)
- Typical home value: $210,077 (#11 most expensive city in metro)
4 / 14
Stacker

#11. Springport, Springport

- 1-year price change: +$20,614 (+11.3%)
- 5-year price change: +$72,035 (+54.8%)
- Typical home value: $203,420 (#12 most expensive city in metro)
5 / 14
Stacker

#10. Munith, Munith

- 1-year price change: +$20,700 (+9.1%)
- 5-year price change: +$91,878 (+58.5%)
- Typical home value: $248,903 (#8 most expensive city in metro)

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6 / 14
Stacker

#9. Concord, Concord

- 1-year price change: +$24,584 (+12.6%)
- 5-year price change: +$81,095 (+58.6%)
- Typical home value: $219,470 (#10 most expensive city in metro)
7 / 14
Stacker

#8. Rives Junction, Rives Junction

- 1-year price change: +$25,191 (+11.1%)
- 5-year price change: +$95,072 (+60.9%)
- Typical home value: $251,245 (#7 most expensive city in metro)
8 / 14
Stacker

#7. Spring Arbor, Spring Arbor

- 1-year price change: +$28,218 (+12.6%)
- 5-year price change: +$87,823 (+53.7%)
- Typical home value: $251,474 (#6 most expensive city in metro)
9 / 14
Stacker

#6. Parma, Parma

- 1-year price change: +$28,777 (+13.7%)
- 5-year price change: +$96,230 (+67.5%)
- Typical home value: $238,741 (#9 most expensive city in metro)
10 / 14
Stacker

#5. Brooklyn, Brooklyn

- 1-year price change: +$31,790 (+12.9%)
- 5-year price change: +$93,040 (+50.1%)
- Typical home value: $278,714 (#4 most expensive city in metro)

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11 / 14
Stacker

#4. Pleasant Lake, Pleasant Lake

- 1-year price change: +$34,894 (+14.3%)
- 5-year price change: +$106,444 (+61.9%)
- Typical home value: $278,275 (#5 most expensive city in metro)
12 / 14
Stacker

#3. Clarklake, Clarklake

- 1-year price change: +$35,280 (+12.2%)
- 5-year price change: +$129,619 (+66.4%)
- Typical home value: $324,765 (#2 most expensive city in metro)
13 / 14
Stacker

#2. Horton, Horton

- 1-year price change: +$42,941 (+17.2%)
- 5-year price change: +$125,727 (+75.0%)
- Typical home value: $293,286 (#3 most expensive city in metro)
14 / 14
Stacker

#1. Grass Lake, Grass Lake

- 1-year price change: +$43,546 (+14.9%)
- 5-year price change: +$126,898 (+60.6%)
- Typical home value: $336,369 (#1 most expensive city in metro)

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