38343
Jackson, Tennessee
Jackson 38343 needs watching.
The 38343 ZIP code in Jackson, Tennessee has a median sale price of $226K, down -6.0% year-over-year. Homes spend an average of 51 days on market, with 24% of homes selling above list price.
Folio's PropIQ™ score of 60 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 38343.
The Jackson 38343 market shows contraction with a median sale price of $225,500, down 6.0% year-over-year as of February 2026. Homes are moving at a moderate pace with an average 50.5 days on market, while only 24% of properties sell above list price—indicating limited competitive pressure. This pricing decline in a sub-$250K segment suggests either oversupply or weakening local demand fundamentals that have shifted leverage away from sellers compared to the previous year.
Price-sensitive first-time buyers gain the most traction in this environment, with the 76% majority of homes selling at or below list providing negotiation room. Investors seeking cash-flow properties may find the $225,500 entry point workable, but the negative 6.0% appreciation requires strong rental yields to justify purchase. Sellers face headwinds and should expect longer holding periods or price adjustments, particularly given that fewer than one in four properties command premium pricing.
The PropIQ score of 60 signals caution, suggesting this market hasn't found its floor yet and further softness remains possible. The combination of year-over-year price decline and modest buyer urgency—reflected in that 50.5-day DOM—points to continued sideways or downward pressure through mid-2026. Prospective participants should monitor month-over-month inventory levels and employment data for Jackson's economic base, as these will determine whether the current 6.0% correction stabilizes or accelerates.
What is the median home price in 38343 Jackson?
The median sale price in 38343 is $226K, down -6.0% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jackson 38343?
Homes in 38343 Jackson spend an average of 51 days on market before going under contract.
Is Jackson 38343 a good place to invest in real estate?
Folio's PropIQ™ score for 38343 is 60/100 — a Caution signal. 24% of homes sold above asking.
What does a PropIQ™ score of 60 mean for 38343?
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 60 = Caution in 38343 Jackson, Tennessee.