Is Jackson, TN 38305 a buyer’s or seller’s market?

The Jackson housing market right now

In the three months ending August 31, 2026, 9% of homes in Jackson, TN 38305 sold above their list price, the typical home went under contract in 36 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 219 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (9% then), homes sold more slowly (26 days then) and the median sale price held steady to $309,816. Overall, Jackson is less competitive than a year ago, which gives buyers more room.

Within Madison County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 63%. On our competition score, Jackson ranks #107 of 299 TN ZIP codes with enough sales (score 34 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.