38382
Jackson, Tennessee

The 38382 ZIP code in Jackson shows a median sale price of $177,750 with a sharp year-over-year appreciation of 22.6%, indicating significant upward price momentum through February 2026. Homes are moving at a moderate pace, averaging 66 days on market, while 19% of properties sell above asking price. This combination of double-digit appreciation and modest selling velocity suggests a market transitioning from its previous growth phase, though buyer competition remains present for nearly one in five listings.

This environment favors sellers who purchased before the 22.6% appreciation cycle, as they can capture substantial equity gains despite only 19% of homes commanding premiums. The 66-day average marketing period gives sellers reasonable liquidity without fire-sale pressure. Buyers face headwinds from elevated price growth but benefit from the 81% majority of homes selling at or below list, creating negotiation opportunities. Investors should approach cautiously given the PropIQ score of 66, which signals mixed fundamentals that may not support continued 22%+ annual gains.

The PropIQ intelligence score of 66 falls into caution territory, suggesting current appreciation rates likely exceed sustainable market fundamentals. The 22.6% price surge appears disconnected from the moderate days-on-market figure and limited above-asking activity, pointing to potential deceleration ahead. Watch for rising inventory levels and increasing price cuts as early warnings of correction. This market requires verification that local employment and income growth can justify current valuations before further price expansion materializes.