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All market snapshots / 38305

Jackson, TN 38305 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Jackson, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.29
ActiveActive listings: 3434PendingPending sales: 4444
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): $306k$306kSoldMedian sold price (last 6 months): $310k$310k
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: $235k to $422k
$131k to $221k: 74 sales$131k$221k to $311k: 134 sales134sales$311k to $401k: 93 sales$311k$401k to $490k: 46 sales$490k to $580k: 20 sales$490k$580k to $670k: 20 sales$670k to $760k: 9 sales$670k$760k to $850k: 4 salesMedian $310k

What the numbers say

As of August 26, 2026, Resideline is tracking 34 active listings and 44 pending sales in ZIP code 38305. That pending-to-active ratio of 1.29 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $306,445, while the median of the 445 closed sales Resideline tracked over the last six months was $309,900. 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 $309,900 over the last six months, based on 445 closed sales tracked by Resideline. The middle half of those sales ranged from $235,000 to $422,500.

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

Resideline is currently tracking 44 pending sales against 34 active listings in 38305, a pending-to-active ratio of 1.29. 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.

Nearby ZIP code market data

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