The break-in happened early Wednesday while Jackson was in Texas for a basketball camp. His wife was home but was not injured by three masked gunmen who entered the home in a gated community of two dozen million-dollar homes, multiple media organizations reported.
Charlotte-Mecklenburg police had made no arrests as of Friday morning, Officer Rosalyn Harrington, a department spokeswoman, told The Associated Press.
Officers reported the thieves took a 9mm pistol, a ruby-encrusted wristwatch, a Louis Vuitton wallet and other items.
Jackson is a shooting guard who helped lead the Bobcats to their first playoff appearance last spring.
Public records list Jackson and his wife, Renata, as occupants of the $1.7 million home where they've lived since December, The Charlotte Observer reported. Jackson arrived in Charlotte the previous month after the team acquired his contract rights in a trade with the Golden State Warriors.
The 6,000-square-foot tan stucco home with three garages is owned by former Bobcats guard Jason Richardson, who was traded to the Phoenix Suns during the 2008-09 season.
Jackson, 32, could not be reached for comment. A Bobcats team spokesman declined comment Friday.