38305 Home Values & Market Trends
There are 146 homes currently listed for 38305. 38305 real estate market trends show that home prices range from $89,000 to $2,650,000, and the median sales price in the 38305 zip code is $261,060.54. The total number of properties sold within the past twelve months is 857. In 38305, 11 properties are in foreclosure, 1 are bank owned properties,and 10 are headed for auction.
38305 Real Estate Market Overview
City | Median Est. Value |
---|---|
Jackson | $ 284,000 $ 132/sqft |
Housing Market Summary for 38305
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $325K | $255.5K | -21.39% |
Median Sold Price | $243.9K | $255.5K | 4.74% |
Homes For Sale | 115 | 112 | -2.61% |
Homes Sold | 387 | 404 | 4.39% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 38305
Browse Homes in 38305
The median list price of a home in Jackson, is $261,060.54. A total of 146 properties are for sale, and the percentage of properties for sale in the zip code is 146.00%. The total count of 38305 properties is 17,905.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 38305 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 38305; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 38305 ranges from the highest value of $176,173 in jackson to the lowest value of $176,173 in jackson. Bank owned homes and properties account for 0.01% of properties in 38305. There is 1 cities within 38305; jackson containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsjackson has 22 auction properties, the highest number of properties going to auction in a single city in the state of 38305. Auction homes and other auction properties account for 0.06% of all properties in 38305. There is 1 cities within 38305; of that cities, the median estimated home value for homes going to auction ranges from $443,521 in jackson to the lowest value of $53,789 in jackson.
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Guide for 38305
This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.
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The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
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