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Featured local agent — Jasper, MI

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Jasper, MI

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Jasper, MI(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Jasper, MI Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$152,500median sale price

How is the Jasper, MI housing market right now?

The median home sale price in Jasper, MI is $152,500. Homes sell in an average of 38 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Jasper a buyer's or seller's market?

Balanced market38 avg. days on market

Jasper, MI is currently a balanced market and homes selling in about 38 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

38

Average pace

Active listings

Sale-to-list

100.9%

Above asking

What does the Jasper housing market data show?

Current housing market statistics for Jasper, MI
MetricValue
Median sale price$152,500
Median list price$152,500
Average days on market38 days
Sale-to-list price ratio100.9%
Median price per sq ft$129/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Jasper by property type?

How the Jasper, MI market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Jasper, MI
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$152,500$129/sq ft138 days

Source: Redfin · Updated monthly

The Jasper housing market is currently classified as a balanced market with a median sale price of $152,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 38 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.0x provides context for how home values compare to local earning capacity.

Homes for sale in Jasper

Explore homes currently listed for sale in Jasper, Michigan across major real estate platforms.

Sale-to-list:100.9%

Who lives in Jasper?

Population

358

Median income

$54,643/yr

Median age

30.7 years

Owner-occupied

83.6%

College grads

7.2%

Avg commute

27.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Jasper?

Zillow home value

$273,187

Price-to-income

5.0x

Source: Zillow Research

What is it like to live in Jasper?

Jasper is a community of approximately 0K residents with a median age of 30.7 years.The median household income is $54,643, which represents a working-class community with solid middle-income opportunities. 7.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 83.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Jasper offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Jasper, MI?

Want a head-to-head view? Compare Jasper side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Jasper?

The median home sale price in Jasper is $152,500, down 0.0% from last year.

How long do homes stay on market in Jasper?

Homes typically spend 38 days on market before going under contract.

What is the median income in Jasper?

The median household income is $54,643 per year.

What is the Zillow home value estimate for Jasper?

The Zillow Home Value Index (ZHVI) for Jasper is $273,187, representing the typical home value in the area.

How much does a single-family home cost in Jasper?

The median single-family home price in Jasper, MI is $152,500 (about $129 per square foot).

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