Is Jacksboro, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Jacksboro was a Seller's Market.
Housing Prices in Jacksboro, TN
How much do homes in Jacksboro, TN cost?
Median Sold Price
$285,099
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jacksboro was $285,099 in April 2024, up 6.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $108K | N/A |
2 Bedrooms | $154.4K | $169.4K | +9.7% |
3 Bedrooms | $264.9K | $275K | +3.8% |
4 Bedrooms | $359K | $440K | +22.6% |
5+ Bedrooms | $795K | $808K | +1.6% |
Summary: Jacksboro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
Jacksboro | $267K | $285K | +6.8% |
La Follette | $210K | $217.4K | +3.5% |
Housing Supply in Jacksboro, TN
How many homes are available in Jacksboro, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 26 | -7.1% |
Summary: The Jacksboro real estate market had 26 homes for sale in April 2024, a 7.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 21 | 16 | -23.8% |
4 Bedrooms | 1 | 4 | +300.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Jacksboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Jacksboro in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
86 Days | 50 Days | -42.4% |
Summary: Homes in Jacksboro had an average of 50 days on market in Apr 2024, down by 42.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Jacksboro; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.