Jackson County, Tennessee Housing Market Prices
Jackson County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 24% below the Tennessee median$195,587
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Median rent 36% below the Tennessee median Cheaper than 72% of counties in Tennessee$758
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jackson County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $195,587 | $255,786 | $248,835 |
| Price Trend (Annual %) | 11.1% | 9.9% | 7.5% |
| Median Gross Rent | $758 | $1,188 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 5.4% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jackson County is about 24% lower than in Tennessee. Rent is about 36% lower than the Tennessee average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Jackson County, up about 11.1% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Jackson County rose about 58.3% between 2015 and 2024, from $479 to $758. Over the same span, rent in Tennessee rose about 55.6%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Jackson County.
Buying the median-priced home in Jackson County costs roughly 21.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jackson County. The price-to-rent ratio in Tennessee is about 17.9.
| Metric | Jackson County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Home Price | $195,587 | $255,786 | $248,835 |
| Median Household Income | $47,224 | $69,901 | $80,455 |
| Price-to-Income Ratio | 4.1 | 3.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jackson County rose about 98.9%, while median household income rose about 38.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jackson County | Tennessee Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.4% | 60.1% | 58.5% |
| Rental Rate | 15.5% | 29.7% | 31.2% |
| Vacancy Rate | 18.1% | 10.2% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Jackson County has a homeownership rate of 66.4%, higher than the Tennessee average of 60.1%. Its housing vacancy rate is 18.1%, compared with 10.2% in Tennessee.
Housing Stock
| Metric | Jackson County | Tennessee Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1990 | 1986 | 1978 |
| Median Number of Rooms | 5.4 | 5.7 | 5.5 |
The typical housing unit in Jackson County was built around 1990. On average, 2.5 people live in a home with about 5.4 rooms, staying for about 17.0 years on average.
Jackson County, TN Housing Compared With Nearby Counties
How Jackson County, TN compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jackson County, TN | 12,029 | $195,587 #3/3 | $758 #3/3 | 81.1% #1/3 |
| Putnam County, TN | 82,558 | $218,410 | $908 | 61.2% |
| Macon County, TN | 26,240 | $282,916 | $846 | 73.6% |
Frequently Asked Questions
Common questions about the housing market in Jackson County, Tennessee.
What is the median home price in Jackson County, Tennessee?
The median home price in Jackson County, Tennessee is $195,587, lower than the Tennessee average of $255,786.
What is the average home price in Jackson County, Tennessee?
The typical home price in Jackson County, Tennessee, reported as the median sale price, is $195,587. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Jackson County, Tennessee?
The median gross rent in Jackson County, Tennessee is $758 per month, lower than the Tennessee average of $1,188.
What was the median gross rent in Jackson County in 2020?
In 2020, the median gross rent in Jackson County, Tennessee was $601 per month.
What is the price-to-rent ratio in Jackson County, Tennessee?
The price-to-rent ratio in Jackson County, Tennessee is about 21.5, meaning it would take roughly 21.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Jackson County.
Are home prices or rent rising faster in Jackson County, Tennessee?
Both home prices and rent are rising in Jackson County, up about 11.1% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jackson County, Tennessee?
66.4% of households in Jackson County, Tennessee own their home, higher than the Tennessee average of 60.1%.
What is the vacancy rate in Jackson County, Tennessee?
The housing vacancy rate in Jackson County, Tennessee is 18.1%, higher than the Tennessee average of 10.2%.
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