Sep 2026
$254K
+1.2% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Jackson, TN housing market
Jackson, TN metro median sale price $254K in Sep 2026, up 1.2% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Jackson, TN metro is $254K as of Sep 2026, up 1.2% from a year earlier. The gain is smaller than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 6.1% through Q2 2026, 4.9 points apart; Price reconciliation below shows both.
Jackson has the lowest median sale price of the 10 Tennessee metros Pecan Street tracks ($254K); Kingsport ($278K) is next. On median days on market, Jackson (68 days) ranks 4th of the 10 Tennessee metros, between Cleveland (68 days) and Chattanooga (67 days). Jackson has the lowest share of listings with a price cut of the 10 Tennessee metros (34%); Clarksville (36%) is next.
Listings spent a median 68 days on market in Sep 2026, more than in most of the 385 metros. 34% of active listings carry a price cut, 0.2 points fewer than a year earlier. That share is lower than in most of the 385 metros.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,395 a month; at 28% of gross income, that takes about $60K a year. The median sale price equals about 12 years of HUD Fair Market Rent, a ratio down 1.9% from a year earlier. That ratio is the 29th-lowest of the 373 metros. Active listings ask a median $158 per square foot, up 0.4% from a year earlier.
In six of the seven ZIP codes in the table below, median list prices are lower than a year earlier; one is higher.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,395/mo
$60K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Jackson compares to other U.S. metros
| Price-to-rent | ↓345th of 373 |
|---|---|
| Days on market | ↑93rd of 385 (top 25%) |
| Price cuts | ↓247th of 385 |
| Home-price growth | ↓230th of 383 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 12 -1.9% YoY ↓345th of 373 |
|---|---|
| Asking price / sq ft | $158 +0.4% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 34% -0.2 pts YoY ↓247th of 385 |
|---|
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 7 shown of 22 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 4.9ppRedfin (metro) +1.2% | FHFA HPI · Q2 2026 +6.1% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in TN
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 38301 | $215K↓ | 102↑ | 28↓ | 32↓ | 58↑ | $133K↓ |
| 38305 | $340K↓ | 256↑ | 60↓ | 92↑ | 74↑ | $272K↓ |
| 38340 | $255K↓ | 45↓ | 18↓ | 16↑ | 52↓ | $174K↑ |
| 38343 | $277K↑ | 58↑ | 14↑ | 16↓ | 60↓ | $182K↑ |
| 38355 | $369K↓ | 63↑ | 14↑ | 26↑ | 81↓ | $320K↑ |
| 38358 | $248K↓ | 44↓ | 12↑ | 8↓ | 49↓ | $184K↑ |
| 38382 | $185K↓ | 30↓ | 12↑ | 16↑ | 70↓ | $157K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.