Why Live in Exchange
Exchange in Jackson features a diverse range of homes, from fixer-uppers to fully renovated properties, dating from the 1900s to the 1940s. Architectural styles include minimal traditional homes, Craftsman bungalows, and American foursquares, often with covered or enclosed porches, detached garages, and wood or vinyl siding. The neighborhood is safer than the national average, providing a sense of security for residents. Exchange Park, maintained by the local Exchange Club, offers amenities like a playground and basketball court, while Leake Park and the Howard Woods Recreation Complex provide additional green spaces and recreational facilities. The Martin Luther King Jr. Recreation Center offers after-school care, fitness programs, and a media lounge. For daily needs, Hammond Hardware, Dollar General, and Family Dollar are conveniently located, with dining options such as Pryor’s BBQ House and 308 Brass Rail nearby. The Southside Festival Series at Elnora Moorman Plaza celebrates the local Black and African American community with music, vendors, and art. Residents are about 2 miles south of downtown Jackson, with Ann Arbor and Lansing each approximately 40 miles away. The neighborhood is served by Jackson Area Transit Authority buses, and Detroit Metropolitan Wayne County Airport is 62 miles east. Students can attend Jackson High School, which has a high rating and offers various musical ensembles.
Frequently Asked Questions
Is Exchange a good place to live?
Exchange is a good place to live. Exchange is considered car-dependent and bikeable. Exchange is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Exchange has 5 parks for recreational activities. It is fairly sparse in population with 5.0 people per acre and a median age of 40. The average household income is $57,692 which is below the national average. College graduates make up 8.5% of residents. A majority of residents in Exchange are home owners, with 34% of residents renting and 66% of residents owning their home. A
local real estate agent serving Exchange can help you decide if this neighborhood is the right one for you. Learn more on our
Exchange neighborhood guide.
Is Exchange, MI a safe neighborhood?
Exchange, MI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Exchange?
The median home price in Exchange is $90,000. If you put a 20% down payment of $18,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $20K a year to afford the median home price in Exchange. The average household income in Exchange is $58K.
What are the best public schools in Exchange?
The best public schools that serve Exchange are:
What are the best private schools in Exchange?
The best private schools that serve Exchange are:
What are the most popular zip codes in Exchange, Jackson, MI?
What are the most popular neighborhoods near Exchange, Jackson, MI?
Home Trends in Exchange, MI
On average, homes in Exchange, Jackson sell after 26 days on the market compared to the national average of 50 days. The median sale price for homes in Exchange, Jackson over the last 12 months is $72,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$72,000
Median Single Family Sale Price
$92,000
Average Price Per Sq Ft
$89
Number of Homes for Sale
6
Last 12 months Home Sales
39
Median List Price
$90,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-1%