Jackson, TN Foreclosures
How much do homes sell for in Jackson, TN?
The average home price is currently $245,750.
In Jackson, TN, how many homes are available?
There are currently 1 active home listings available in Jackson.
What’s the average rental cost in Jackson, TN?
The average rental price in Jackson is $1,192.
What is the most expensive home in Jackson?
The most expensive home sold in Jackson had a price of $22,193,640.
What is currently the cheapest priced home in Jackson, TN?
The cheapest home for sale in Jackson is priced at $8,509.
Living in Jackson, TN
Jackson, Tennessee, is a welcoming city known for its rich history and a strong sense of community. With excellent schools, parks, and convenient access to major highways, it is an ideal place for families and individuals alike. Residents enjoy a variety of local amenities while being just a short drive from Memphis and Nashville.
Current Market Conditions in Jackson, TN
The real estate market in Jackson, TN, has shown a steady increase in home prices due to a strong demand and limited inventory. Many buyers are looking for more affordable housing options away from larger cities, leading to a competitive environment among homes in the area. The average days on the market for homes have decreased, indicating swift sales and an influx of new residents.
Recent trends also show that Jackson is becoming an attractive option for first-time home buyers and retirees alike, with diverse housing options available. Neighborhoods are evolving, and new developments are catering to an array of residents, contributing to the city's vibrancy and appealing lifestyle. As the market continues to flourish, both buyers and sellers are optimistic about future growth.
Home Value Estimator For Jackson, TN
There are currently 28,212 real estate properties
in Jackson, TN,
with a median automated valuation model (AVM) price
of $209,718.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jackson, TN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Jackson, TN,
is $245,750.00, with the most expensive house
in Jackson, TN, topping out
at $22,193,640.00 and the cheapest home
in Jackson, TN,
clocking in at $8,509.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jackson, TN!
Rent Prices
In Jackson, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jackson, TN, is on
a rollercoaster ride. The
average rent price in Jackson, TN,
is $1,192.00. Indeed, when looking to rent in
Jackson, TN, you can expect to pay as little
as $490.00 or as much
as $3,020.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Jackson, TN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
