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All market snapshots / 38305

Jackson, TN 38305 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Jackson, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.68
ActiveActive listings: 3838PendingPending sales: 2626
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): $315k$315kSoldMedian sold price (last 6 months): $312k$312k
What homes actually sell for in Jackson, TN
Distribution of 445 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $240k to $425k
$140k to $218k: 53 sales$140k$218k to $296k: 117 sales117sales$296k to $374k: 112 sales$296k$374k to $452k: 46 sales$452k to $531k: 33 sales$452k$531k to $609k: 17 sales$609k to $687k: 16 sales$609k$687k to $765k: 7 salesMedian $312k

What the numbers say

As of July 18, 2026, Resideline is tracking 38 active listings and 26 pending sales in ZIP code 38305. That pending-to-active ratio of 0.68 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $314,900, while the median of the 445 closed sales Resideline tracked over the last six months was $312,000. 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. The median active listing in 38305 has been on the market for 1 days.

Frequently asked questions

What is the median home price in 38305?

The median closed sale price in Jackson, TN 38305 was $312,000 over the last six months, based on 445 closed sales tracked by Resideline. The middle half of those sales ranged from $240,000 to $425,000.

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

Resideline is currently tracking 26 pending sales against 38 active listings in 38305, a pending-to-active ratio of 0.68. 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 seller's market.

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