38337
Jackson, Tennessee
Jackson 38337 is stable.
The 38337 ZIP code in Jackson, Tennessee has a median sale price of $150K, down -63.4% year-over-year. Homes spend an average of 80 days on market, with 33% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 38337 market shows significant price compression with a median sale price of $149,900, down 63.4% year-over-year as of February 2026. Homes are averaging 80 days on market, indicating slower absorption than typical pre-correction markets. Despite the substantial price decline, 33% of properties still close above list price, suggesting selective competition for well-priced inventory while the broader market adjusts from previous valuation levels.
Price-sensitive buyers gain considerable leverage in this environment, particularly those who can move decisively on the one-third of listings generating competitive bidding. The 80-day market time creates negotiating windows for purchasers willing to engage with longer-sitting inventory. Sellers face headwinds unless priced at or below the $149,900 median, while investors seeking cash-flowing rentals may find entry points substantially below 2025 acquisition costs given the 63.4% contraction.
The PropIQ score of 65 signals caution rather than crisis, suggesting stabilization potential exists but hasn't materialized. The contradiction between major price decline and the 33% above-list metric indicates a bifurcated market requiring close monitoring of days-on-market trends over the next quarter. Sustained DOM above 75 days would confirm continued buyer hesitation, while contraction below 60 days would suggest the correction is finding a floor near current pricing.
What is the median home price in 38337 Jackson?
The median sale price in 38337 is $150K, down -63.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jackson 38337?
Homes in 38337 Jackson spend an average of 80 days on market before going under contract.
Is Jackson 38337 a good place to invest in real estate?
Folio's PropIQ™ score for 38337 is 65/100 — a Caution signal. 33% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 38337?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 65 = Caution in 38337 Jackson, Tennessee.