38378
Jackson, Tennessee
Jackson 38378 is stable.
The 38378 ZIP code in Jackson, Tennessee has a median sale price of $193K, down N/A year-over-year. Homes spend an average of 35 days on market, with 100% of homes selling above list price.
Folio's PropIQ™ score of 67 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
The 38378 ZIP code in Jackson demonstrates contradictory market signals, with a median sale price of $193,000 holding flat year-over-year despite exceptional selling conditions. All homes are transacting above list price, indicating persistent demand pressure, while the 35-day average market time suggests moderately efficient clearance rates. This disconnect between price stagnation and competitive bidding reveals sellers may be initially underpricing properties or buyer competition is concentrated in specific segments rather than lifting the entire market.
This environment favors prepared buyers with financing certainty who can move within the 35-day window and absorb above-ask premiums without stretching budgets. Sellers benefit from the 100% above-list dynamic but must price strategically given flat appreciation—overpricing risks extended market time in a narrow demand channel. Investors seeking cash-flowing rentals at the $193,000 entry point face favorable acquisition conditions, though the flat price trajectory limits near-term appreciation plays and demands underwriting focused on rental yield rather than equity growth.
The PropIQ score of 67 signals caution, suggesting current competitive conditions may not sustain as market fundamentals show strain beneath surface-level bidding activity. The combination of zero price growth with universal above-list sales indicates demand may be exhausting available inventory rather than reflecting genuine market strength. Monitor for rising days-on-market and declining above-list percentages as leading indicators of normalization, particularly if the score trends below 65, which would confirm weakening buyer urgency.
What is the median home price in 38378 Jackson?
The median sale price in 38378 is $193K, down N/A year-over-year as of 2025-11-30.
How long do homes stay on the market in Jackson 38378?
Homes in 38378 Jackson spend an average of 35 days on market before going under contract.
Is Jackson 38378 a good place to invest in real estate?
Folio's PropIQ™ score for 38378 is 67/100 — a Caution signal. 100% of homes sold above asking.
What does a PropIQ™ score of 67 mean for 38378?
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 67 = Caution in 38378 Jackson, Tennessee.