Jackson, TN Home Values & Market Trends
Real estate market trends reflect that there have been 1,418 transactions over the past year in Jackson. The median value for residential home transactions that occurred over the previous year is $212,514.02. The number of current listings in Jackson is 236, and the percentage of properties for sale in the city is 236.00%. Jackson, TN currently has 21 properties in foreclosure, 1 bank owned properties, 20 properties headed for auction, and 236 properties for sale.
Jackson, TN Real Estate Market Overview
Housing Market Summary for Jackson, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $277K | $186.3K | -32.76% |
| Median Sold Price | $200.6K | $186.3K | -7.14% |
| Homes For Sale | 176 | 188 | 6.82% |
| Homes Sold | 654 | 783 | 19.72% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Jackson, TN
Browse Homes in Jackson, TN
Jackson home values range from $16,556 to $16,557,377. The median estimated value of a home in Jackson is $212,514.02. The median list price of a home is 298,950, and the total count of properties in the city is 30,159.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Jackson, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Jackson, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Jackson, TN ranges from the highest value of $176,173 in 38305 to the lowest value of $176,173 in 38305. Bank owned homes and properties account for 0.00% of properties in Jackson, TN. There are 2 zips within Jackson, TN; 38305 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions38301 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Jackson, TN. Auction homes and other auction properties account for 0.07% of all properties in Jackson, TN. There are 2 zips within Jackson, TN; of those zips, the median estimated home value for homes going to auction ranges from $364,002 in 38305 to the lowest value of $53,789 in 38305.
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Guide for Jackson, TN
This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.
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The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
