Is Jacksboro, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jacksboro has remained a Seller's Market.
Housing Prices in Jacksboro, TN
How much do homes in Jacksboro, TN cost?
Median Sold Price
$294,950
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jacksboro was $294,950 in March 2024, up 9.5% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $108K | N/A |
2 Bedrooms | $148.9K | $190.5K | +27.9% |
3 Bedrooms | $265K | $275.5K | +4.0% |
4 Bedrooms | $352.5K | $455K | +29.1% |
5+ Bedrooms | $1.0M | $525K | -49.9% |
Summary: Jacksboro housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes decreased by 49.9%.
Median Sold Price Compared To Nearby Cities
Jacksboro | $269.2K | $294.9K | +9.5% |
La Follette | $210K | $215K | +2.4% |
Housing Supply in Jacksboro, TN
How many homes are available in Jacksboro, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
Summary: The Jacksboro real estate market had 27 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 15 | 19 | +26.7% |
4 Bedrooms | 6 | 2 | -66.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Jacksboro housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Jacksboro in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Jacksboro, TN
How long does it take to sell a home in Jacksboro, TN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 55 Days | -6.6% |
Summary: Homes in Jacksboro had an average of 55 days on market in Mar 2024, down by 6.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Jacksboro; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.