How much house does $500,000 buy you in Jackson, Michigan?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Jackson, Michigan?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Jackson, Michigan right now. Listings below $500,000 were included if necessary.

4014 Kingston Ct, Jackson, MI 49203
- Price: $439,900
- 6 bedrooms, 3 bathrooms
- Square feet: 4,802
- See 4014 Kingston Ct, Jackson, MI 49203 on Redfin.com

2740 Marion Rd, Jackson, MI 49201
- Price: $428,900
- 5 bedrooms, 3.5 bathrooms
- Square feet: 4,200
- See 2740 Marion Rd, Jackson, MI 49201 on Redfin.com

717 Bath Mills Rd, Albion, MI 49224
- Price: $450,000
- 5 bedrooms, 2 bathrooms
- Square feet: 2,104
- See 717 Bath Mills Rd, Albion, MI 49224 on Redfin.com

1360 Kathmar Dr, Jackson, MI 49203
- Price: $475,000
- 4 bedrooms, 4.5 bathrooms
- Square feet: 3,589
- See 1360 Kathmar Dr, Jackson, MI 49203 on Redfin.com

5100 Browns Lake Rd, Jackson, MI 49203
- Price: $443,900
- 4 bedrooms, 4 bathrooms
- Square feet: 4,130
- See 5100 Browns Lake Rd, Jackson, MI 49203 on Redfin.com

5038 Fieldstone St, Jackson, MI 49201
- Price: $449,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,192
- See 5038 Fieldstone St, Jackson, MI 49201 on Redfin.com

1342 Kathmar Dr, Jackson, MI 49203
- Price: $469,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,694
- See 1342 Kathmar Dr, Jackson, MI 49203 on Redfin.com

1829 Probert Rd, Jackson, MI 49203
- Price: $439,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,134
- See 1829 Probert Rd, Jackson, MI 49203 on Redfin.com

4209 N Dearing Rd, Parma, MI 49269
- Price: $448,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,799
- See 4209 N Dearing Rd, Parma, MI 49269 on Redfin.com

11441 Wooden Rd, Hanover, MI 49241
- Price: $449,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,658
- See 11441 Wooden Rd, Hanover, MI 49241 on Redfin.com

8563 Mccain Rd, Parma, MI 49269
- Price: $435,000
- 4 bedrooms, 3 bathrooms
- Square feet: 1,520
- See 8563 Mccain Rd, Parma, MI 49269 on Redfin.com

1795 Richards Rd, Clarklake, MI 49234
- Price: $449,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,638
- See 1795 Richards Rd, Clarklake, MI 49234 on Redfin.com

2807 Bartlett Rd, Pleasant Lake, MI 49272
- Price: $450,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,288
- See 2807 Bartlett Rd, Pleasant Lake, MI 49272 on Redfin.com

5252 Draper Rd, Jackson, MI 49201
- Price: $439,900
- 4 bedrooms, 2 bathrooms
- Square feet: 1,800
- See 5252 Draper Rd, Jackson, MI 49201 on Redfin.com

4533 Sid Dr, Jackson, MI 49201
- Price: $454,900
- 3 bedrooms, 3.5 bathrooms
- Square feet: 3,514
- See 4533 Sid Dr, Jackson, MI 49201 on Redfin.com

490 Skyline Dr, Horton, MI 49246
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,458
- See 490 Skyline Dr, Horton, MI 49246 on Redfin.com

2128 Scenic Hills Dr, Jackson, MI 49201
- Price: $489,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,194
- See 2128 Scenic Hills Dr, Jackson, MI 49201 on Redfin.com

2018 W Coachlight Dr, Jackson, MI 49201
- Price: $489,900
- 3 bedrooms, 3 bathrooms
- Square feet: 1,692
- See 2018 W Coachlight Dr, Jackson, MI 49201 on Redfin.com

2540 Meadowbrook Ln, Jackson, MI 49201
- Price: $429,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 3,125
- See 2540 Meadowbrook Ln, Jackson, MI 49201 on Redfin.com

2577 Mulligan Dr, Jackson, MI 49203
- Price: $449,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,884
- See 2577 Mulligan Dr, Jackson, MI 49203 on Redfin.com

10750 Pulaski Rd, Hanover, MI 49241
- Price: $425,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,680
- See 10750 Pulaski Rd, Hanover, MI 49241 on Redfin.com

2924 Sheridan Cirlce, Jackson, MI 49201
- Price: $469,999
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,672
- See 2924 Sheridan Cirlce, Jackson, MI 49201 on Redfin.com

3460 Sears Rd, Horton, MI 49246
- Price: $499,900
- 3 bedrooms, 2 bathrooms
- Square feet: 3,885
- See 3460 Sears Rd, Horton, MI 49246 on Redfin.com

6375 Buckman Rd, Hanover, MI 49241
- Price: $449,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,024
- See 6375 Buckman Rd, Hanover, MI 49241 on Redfin.com

210 W Grove Ave, Michigan Center, MI 49254
- Price: $449,900
- 3 bedrooms, 2 bathrooms
- Square feet: 2,016
- See 210 W Grove Ave, Michigan Center, MI 49254 on Redfin.com

6750 County Farm Rd, Jackson, MI 49201
- Price: $475,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,900
- See 6750 County Farm Rd, Jackson, MI 49201 on Redfin.com

430 Jefferson Dr, Michigan Center, MI 49254
- Price: $435,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,782
- See 430 Jefferson Dr, Michigan Center, MI 49254 on Redfin.com

2413 N Burgett Ln, Grass Lake, MI 49240
- Price: $479,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,603
- See 2413 N Burgett Ln, Grass Lake, MI 49240 on Redfin.com

6314 Wheaton Rd, Jackson, MI 49201
- Price: $441,748
- 2 bedrooms, 2 bathrooms
- Square feet: 2,312
- See 6314 Wheaton Rd, Jackson, MI 49201 on Redfin.com

210 Watts Rd, Jackson, MI 49203
- Price: $495,000
- 1 bedroom, 1 bathroom
- Square feet: 1,238
- See 210 Watts Rd, Jackson, MI 49203 on Redfin.com