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All market snapshots / 38305

Jackson, TN 38305 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Jackson, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.05
ActiveActive listings: 136136PendingPending sales: 77
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): $319k$319kSoldMedian sold price (last 6 months): $307k$307k
What homes actually sell for in Jackson, TN
Distribution of 489 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $220k to $410k
$100k to $194k: 54 sales$100k$194k to $288k: 141 sales141sales$288k to $381k: 123 sales$288k$381k to $475k: 61 sales$475k to $569k: 28 sales$475k$569k to $662k: 21 sales$662k to $756k: 8 sales$662k$756k to $850k: 5 salesMedian $307k

What the numbers say

As of October 5, 2026, Resideline is tracking 136 active listings and 7 pending sales in ZIP code 38305. That pending-to-active ratio of 0.05 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $319,450, while the median of the 489 closed sales Resideline tracked over the last six months was $307,430. 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 76 days.

Frequently asked questions

What is the median home price in 38305?

The median closed sale price in Jackson, TN 38305 was $307,430 over the last six months, based on 489 closed sales tracked by Resideline. The middle half of those sales ranged from $220,000 to $410,000.

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

Resideline is currently tracking 7 pending sales against 136 active listings in 38305, a pending-to-active ratio of 0.05. 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

Full Jackson, TN housing market report →

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