Jackson, TN metro area Housing Market

Cool Market

Comprehensive housing market data for the Jackson, TN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$247K

7.9% YoY

Days on Market

44 days

35.3% YoY

Active Inventory

610

7.2% YoY

Homes Sold

137

5.5% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Jackson, TN metro area Market Summary

The Jackson, TN metro area housing market is cooling down. As of March 2026, the median home sale price is $247K, down 7.9% year-over-year. Homes are spending a median of 44 days on the market, 35.3% shorter than a year ago.

There are 610 homes for sale — 7.2% more than last year. With 4.5 months of supply, this is a balanced market. 258 new listings were added during this period, up 13.2% year-over-year.

Homes are selling for 96.8% of their list price on average, suggesting room for negotiation. 15.3% of homes sell above their asking price. 31.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

80

Contributing Factors

Months of Supply 4.5
Days on Market 44
Price Drops 31.6%
Sale-to-List Ratio 96.8%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 43.5%
Days on Market (National: 55) 20.0%
Inventory (National: 1,314,690) 100.0%

vs. Tennessee Median

Median Price (Tennessee: $393K) 37.3%
Days on Market (Tennessee: 86) 48.8%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 44% below the national median, which could indicate stronger cash flow potential.

Jackson, TN metro area Market Trends

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Detailed Market Metrics

Median List Price

$265K

Price per Sq Ft

$149

Sale-to-List Ratio

96.8%

Months of Supply

4.5

Sold Above List

15.3%

Price Drops

31.6%

New Listings

258

13.2% YoY

Pending Sales

188

Off Market in 2 Weeks

34.6%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.