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Jackson, TN 38305 Housing Market

Data snapshot: September 10, 2026. Closed-sale window: last 6 months.
Jackson, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 121121PendingPending sales: 88
Jackson, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $305k$305kSoldMedian sold price (last 6 months): $306k$306k
What homes actually sell for in Jackson, TN
Distribution of 477 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $230k to $421k
$110k to $195k: 48 sales$110k$195k to $280k: 127 sales127sales$280k to $365k: 116 sales$280k$365k to $450k: 66 sales$450k to $535k: 34 sales$450k$535k to $620k: 16 sales$620k to $705k: 16 sales$620k$705k to $790k: 9 salesMedian $306k

What the numbers say

As of September 10, 2026, Resideline is tracking 121 active listings and 8 pending sales in ZIP code 38305. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $305,000, while the median of the 477 closed sales Resideline tracked over the last six months was $305,990. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 38305 for 63 days.

Frequently asked questions

What is the median home price in 38305?

The median closed sale price in Jackson, TN 38305 was $305,990 over the last six months, based on 477 closed sales tracked by Resideline. The middle half of those sales ranged from $230,000 to $421,400.

Is 38305 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 121 active listings in 38305, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 38305 currently looks like a balanced market.

Nearby ZIP code market data

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