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All market snapshots / 38305

Jackson, TN 38305 Housing Market

Data snapshot: October 26, 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: 136136PendingPending sales: 99
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): $320k$320kSoldMedian sold price (last 6 months): $306k$306k
What homes actually sell for in Jackson, TN
Distribution of 480 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $225k to $420k
$100k to $191k: 50 sales$100k$191k to $282k: 130 sales130sales$282k to $374k: 126 sales$282k$374k to $465k: 59 sales$465k to $556k: 34 sales$465k$556k to $648k: 21 sales$648k to $739k: 7 sales$648k$739k to $830k: 7 salesMedian $306k

What the numbers say

As of October 26, 2026, Resideline is tracking 136 active listings and 9 pending sales in ZIP code 38305. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $319,900, while the median of the 480 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 88 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 480 closed sales tracked by Resideline. The middle half of those sales ranged from $225,000 to $420,000.

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

Resideline is currently tracking 9 pending sales against 136 active listings in 38305, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 38305 is currently a typical-pace market.

Nearby ZIP code market data

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