38366
Jackson, Tennessee
Jackson 38366 needs watching.
The 38366 ZIP code in Jackson, Tennessee has a median sale price of $223K, down -76.6% year-over-year. Homes spend an average of 75 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 38366.
The Jackson 38366 market shows significant distress with median sale prices at $222,500, down 76.6% year-over-year, marking one of the sharpest declines in the region. Homes are averaging 75 days on market, well above the typical 30-45 day benchmark for healthy markets. Notably, zero homes are selling above list price, indicating buyers hold complete negotiating leverage and sellers face considerable pressure to adjust expectations downward.
This environment strongly favors cash buyers and investors with patience to capitalize on distressed pricing. The 75-day marketing period allows ample time for due diligence without competitive pressure. Sellers face the weakest conditions, particularly those requiring quick exits or carrying multiple mortgages. First-time buyers with secure financing can extract maximum concessions, though the 76.6% price drop suggests underlying economic or demographic challenges that warrant investigation before committing.
The PropIQ score of 45 signals continuing caution, suggesting stabilization remains months away rather than weeks. The absence of above-list sales and extended days-on-market indicate inventory absorption issues that typically precede further price adjustments. Monitor employment data and new listing velocity; without material improvement in either metric, the 38366 market likely faces additional downward price pressure through Q2 2026 before establishing a sustainable floor.
What is the median home price in 38366 Jackson?
The median sale price in 38366 is $223K, down -76.6% year-over-year as of 2026-02-28.
How long do homes stay on the market in Jackson 38366?
Homes in 38366 Jackson spend an average of 75 days on market before going under contract.
Is Jackson 38366 a good place to invest in real estate?
Folio's PropIQ™ score for 38366 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 38366?
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 45 = Caution in 38366 Jackson, Tennessee.