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All market snapshots / 38305

Jackson, TN 38305 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Jackson, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 126126PendingPending 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): $300k$300kSoldMedian sold price (last 6 months): $307k$307k
What homes actually sell for in Jackson, TN
Distribution of 488 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $228k to $421k
$110k to $199k: 51 sales$110k$199k to $287k: 146 sales146sales$287k to $376k: 116 sales$287k$376k to $465k: 57 sales$465k to $554k: 31 sales$465k$554k to $642k: 22 sales$642k to $731k: 11 sales$642k$731k to $820k: 6 salesMedian $307k

What the numbers say

As of September 14, 2026, Resideline is tracking 126 active listings and 8 pending sales in ZIP code 38305. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $299,900, while the median of the 488 closed sales Resideline tracked over the last six months was $306,990. 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 67 days.

Frequently asked questions

What is the median home price in 38305?

The median closed sale price in Jackson, TN 38305 was $306,990 over the last six months, based on 488 closed sales tracked by Resideline. The middle half of those sales ranged from $228,000 to $421,400.

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

Resideline is currently tracking 8 pending sales against 126 active listings in 38305, a pending-to-active ratio of 0.06. 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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