Is Jackson, TN 38301 a buyer’s or seller’s market?
Jackson is a seller’s market. With about 3.7 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 28% of U.S. ZIP codes, and #130 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Jackson housing market right now
In the three months ending August 31, 2026, 15% of homes in Jackson, TN 38301 sold above their list price, the typical home went under contract in 46 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 87 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (38 days then) and the median sale price rose 16% to $204,412. Overall, Jackson is about as competitive as it was a year ago.
Within Madison County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Jackson ranks #130 of 299 TN ZIP codes with enough sales (score 31 out of 100).
Nearby, buyers who want less competition could look at Mercer 38392 (0% sold over asking) or Denmark 38391 (0% sold over asking), while Beech Bluff 38313 (33% sold over asking) and Oakfield 38362 (20% sold over asking) are even more competitive.
Run the numbers for 38301
Nearby markets
Beech Bluff 38313Seller’s market $158 /sq ftDenmark 38391Buyer’s market $164 /sq ftJackson 38305Seller’s market $157 /sq ftMedina 38355Balanced $174 /sq ft Browse all markets →Towns like Jackson nearby
Find towns like Jackson in other states →Where Jackson is
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Questions about Jackson real estate
Is Jackson a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Jackson, TN 38301 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Jackson?
The typical home went under contract in 46 days in the latest three months.
Do homes in Jackson sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Jackson?
About 0.56% of a home’s value a year in Madison County, or roughly $2,240 on a $400,000 home.
What is the median home price in Jackson?
The median sale price was $204,412 in the three months ending August 31, 2026, about $128 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology