$91,705Average Value$80Average Price per Sq Ft6Homes For Sale
An emerging community on the south end of Jackson
Prospect Street and Martin Luther King Jr. Drive, two major roads within the Southside area of Jackson, meet in Exchange. Once characterized by Jackson’s heavy involvement in the automotive industry, changes to business across the Rust Belt saw life in the city and across Michigan shift dramatically. The community of the area is still in the process of helping it find a new purpose, but contemporary efforts like the establishment of the Martin Luther King Corridor Improvement Authority and the conversion of an abandoned ten-mile railway into a vibrant walking path for the community give glimpses into the future of Exchange and the greater Southside.
Downtown Jackson is a short drive from the Exchange neighborhood.
Southside locals are proud to live in the Exchange neighborhood.
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Homes in varying conditions along Martin Luther King Jr. Drive
Exchange offers a mix of fixer-upper properties placed on the market as-is and homes with extensive updates and renovations for the contemporary market. Homes generally date from the 1900s up to the 1940s, and styles in the area include minimal traditional homes, Craftsman bungalows and American foursquares. Common features include covered or enclosed porches, detached garages and wood or vinyl siding. Renovation-ready homes in the area start at about $15,000 and top out near $31,000, while turnkey properties generally range from $40,000 to $167,000.
A wide array of architectural styles can be found in Exchange.
Homeowners with a knack for handy work enjoy renovating historic homes in Exchange.
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Educational foundations at Jackson Public Schools
Students in Exchange can attend schools within the Jackson Public Schools district or other districts in the area through Michigan’s school-of-choice program. Schools close to the neighborhood include Sharp Park Academy, which has a 15:1 student-teacher ratio and a B grade on Niche. Middle School at Parkside earns a C grade. Jackson High School offers 14 different musical ensembles for students, including two choirs and four concert bands. The school earns a B-plus grade on Niche.
Sharp Park Academy in Jackson has an overall B rating on Niche.com.
Indoor and outdoor sports facilities at Jackson High School are home to the Jackson Vikings.
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Leisure time at Exchange Park
Exchange’s connections to the Southside area provide residents with an impressive selection of choices for indoor and outdoor leisure. Exchange Park takes its name from the local Exchange Club, which helps with upkeep and partners with the national organization for service endeavors. The park offers familiar amenities such as a playground and basketball court along Milwaukee Street and Mansion Street. Leake Park is a small community green space that was the first location in Jackson to be named after an African American; local nightclub owner Grover Cleveland Leake donated the land to the city in 1964. To the neighborhood’s north, the Howard Woods Recreation Complex has additional spaces for ball games and connects to the 10-mile Falling Waters Trail/Inter City Bike Trail. The Martin Luther King Jr. Recreation Center on the grounds offers services like after-school care, fitness programs and a media lounge with a recording studio.
Residents of the Exchange neighborhood enjoy extensive walking paths close to the neighborhood.
Exchange Park features two full-sized basketball courts for local pickup games.
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Dollar stores, BBQ and thrifting near Prospect Street
On Martin Luther King Jr. Drive, Hammond Hardware offers tools and other home supplies. Dollar General and Family Dollar are nearby for everyday items, and Domino’s Pizza is available for familiar delivery fare. On the west side of the neighborhood, the Greater Jackson Habitat for Humanity ReStore sells gently used household items and accepts donations from the community. Beyond the neighborhood to the west, Polly’s Country Market is a Jackson staple for groceries. Prospect Street offers additional dining choices such as Pryor’s BBQ House for ribs and brisket, 308 Brass Rail for casual pub grub and McDonald’s.
Exchange locals head to Pryor's BBQ House for the best barbecue in the neighborhood.
Exchange residents check out the home goods at Habitat ReStore.
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Southside Festival lights up summer days
The Southside Festival Series began in 2019 at Elnora Moorman Plaza, just north of the neighborhood. Each summer, organizers bring together local musicians, vendors, community organizations and artists for multiple events that focus on celebrating the local Black and African American community. Elsewhere in Jackson, residents can find events like the Hot Air Jubilee and art classes at Ella Sharp Park, fireworks and coordinated light shows at the Cascades waterfall and car shows with live music in downtown Jackson.
Travel Jackson by car or bus
Prospect Street and High Street are the neighborhood’s main east-west thoroughfares, while Martin Luther King Jr. Drive connects the area to northern Jackson and Francis Street runs south to the city limits. For car-free travel, Jackson Area Transit Authority bus stops are available along the neighborhood’s major thoroughfares. Locals are about 2 miles south of downtown Jackson, and Ann Arbor and Lansing are each about 40 miles away. Jackson’s primary hospital, Henry Ford Jackson Hospital, is about 2 miles north. Flights arriving in southern Michigan touch down at Detroit Metropolitan Wayne County Airport, 62 miles east of the neighborhood.
Exchange residents head downtown for dinner options.
The JATA bus service is available in and around the Exchange neighborhood.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Valerie Stover,
an experienced agent in this neighborhood.
Parks in this Area
Ella Sharp Park
Sparks Foundation County Park
Howard Woods Recreation Complex
Exchange Park
Grover Leake Park
Crime and Safety
1 - Low Crime, 10 - High Crime
Exchange
US
Homicide
7
4
Sexual Assault
4
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Exchange, Jackson sell after 31 days on the market compared to the national average of 47 days. The average sale price for homes in Exchange, Jackson over the last 12 months is $83,779, up 7% from the average home sale price over the previous 12 months.
Welcome to 337 E Addison in Jackson, MI. Just over 1,000 sqft, this 3-bedroom, 1-bath home combines comfort and character. Hardwood floors throughout. The covered, screened-in porch has nice big windows. Home is being sold with the adjacent vacant lot to the west. Two parcels offer extra space for potential expansion, outdoor activities, or simply enjoying the additional privacy. This is a
Charming 2-bed, 1-bath bungalow in Jackson! This 1940s home features a cozy wood burning fireplace, an enclosed front porch, and a walk up attic for extra space. Enjoy the spacious 2 car garage!
Interested in learning more about homes in this area?
Reach out to
Valerie Stover,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,503
Median Age
40
Population Density
6 ppl/acre
Population under 18
25%
On par with the national average
23.8%
Population over 65
17.8%
On par with the national average
19.1%
Finances
Median Household Income
$53,648
Significantly below the national average
$71,702
Average Household Income
$57,692
Education and Workforce
High School Graduates
90.8%
College Graduates
8.5%
Significantly below the national average
34.1%
Advanced Degrees
0.5%
Below the national average
13.3%
% Population in Labor Force
57.2%
Weather
Annual Precipitation
32''
Average Winter Low Temperature
17°F
Average Summer High Temperature
82°F
Annual Snowfall
35''
Area Factors
Bikeable
Bike Score®
69/ 100
Car-Dependent
Walk Score®
46/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
