Jackson Metro Area, TN Housing

The housing market in Jackson, TN Metro Area is booming. The median value of homes in this area is $172,900, which is significantly lower than the U.S. house median value of $338,100. In just one year, the price of houses has seen an appreciation of 16.49%, almost double the national 1 year house appreciation rate of 8.27%. This indicates that there is a strong demand for housing in this area and that prices are likely to continue increasing in the near future.

The median home cost in Jackson Metro Area is $172,900. Home appreciation the last 10 years has been 87.9%. Home Appreciation in Jackson Metro Area is up 24.6%.

Average Age of Homes

- The median age of Jackson Metro Area real estate is 35 years old

The Rental Market in Jackson Metro Area

- Renters make up 29.0% of the Jackson Metro Area population
- 2.5% of houses and apartments in Jackson Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Jackson, Tennessee	United States
	79,127.0	139,647,020.0
	39	42
	$172,900	$338,100
	24.6%	16.6%
	67.0%	57.0%
	87.9%	101.1%
	$7.23	$10.98
	$945	$2,690
	57.7%	57.4%
	12.0%	11.2%
	30.3%	31.4%
Vacant Housing
	2.5%	1.9%
	0.4%	0.4%
	0.9%	0.7%
	0.3%	0.4%
	0.9%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	4.5%	2.4%
	7.3%	2.8%
	9.6%	3.9%
	11.3%	4.5%
	20.2%	11.3%
	16.2%	13.0%
	16.2%	20.1%
	6.5%	13.6%
	1.9%	8.3%
	1.8%	9.7%
	0.6%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.6%	13.6%
	14.6%	13.6%
	18.8%	13.6%
	13.5%	13.2%
	16.0%	14.8%
	18.8%	13.6%
	9.7%	10.0%
	4.7%	4.7%
	6.8%	12.2%

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