Zip 38305 (Jackson, TN) Housing

The housing median value in Jackson, TN (38305) is $241,300, which is much lower than the US house median value of $338,100. However, Jackson has seen a higher 1 year house appreciation rate of 19.25%, which is more than double the US overall appreciation rate of 8.27%. This suggests that the housing market in Jackson is experiencing a strong surge in growth and may be an attractive option for home buyers or investors looking to capitalize on this trend.

The median home cost in Jackson (zip 38305) is $241,300. Home appreciation the last 10 years has been 87.0%. Home Appreciation in Jackson (zip 38305) is up 24.9%.

Average Age of Homes

- The median age of Jackson (zip 38305) real estate is 27 years old

The Rental Market in Jackson (zip 38305)

- Renters make up 28.1% of the Jackson (zip 38305) population
- 3.7% of houses and apartments in Jackson (zip 38305), 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
	22,432.0	139,647,020.0
	30	42
	$241,300	$338,100
	24.9%	16.6%
	67.1%	57.0%
	87.0%	101.1%
	$7.70	$10.98
	$1,316	$2,690
	59.6%	57.4%
	9.4%	11.2%
	31.0%	31.4%
Vacant Housing
	3.7%	1.9%
	0.7%	0.4%
	1.0%	0.7%
	0.2%	0.4%
	0.8%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	0.6%	2.4%
	1.6%	2.8%
	3.4%	3.9%
	8.7%	4.5%
	20.5%	11.3%
	24.4%	13.0%
	21.6%	20.1%
	11.0%	13.6%
	1.4%	8.3%
	2.8%	9.7%
	0.8%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.1%	13.6%
	16.1%	13.6%
	27.8%	13.6%
	19.6%	13.2%
	16.5%	14.8%
	27.8%	13.6%
	4.7%	10.0%
	0.2%	4.7%
	0.3%	12.2%

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