How much house does $500,000 buy you in Jackson, Tennessee?

Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000. 

These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.

While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Jackson, Tennessee?

To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Jackson, Tennessee right now. Listings below $500,000 were included if necessary.

562 Old Jackson Rd, Henderson, TN 38340
- Price: $499,900
- 6 bedrooms, 4.5 bathrooms
- Square feet: 5,922
- See 562 Old Jackson Rd, Henderson, TN 38340 on Redfin.com

107 Wyndchase Dr, Jackson, TN 38305
- Price: $499,900
- 5 bedrooms, 4 bathrooms
- Square feet: 2,974
- See 107 Wyndchase Dr, Jackson, TN 38305 on Redfin.com

46 Highleadon Cv, Jackson, TN 38305
- Price: $495,800
- 5 bedrooms, 4 bathrooms
- Square feet: 2,873
- See 46 Highleadon Cv, Jackson, TN 38305 on Redfin.com

588 E Church St, Alamo, TN 38001
- Price: $479,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,959
- See 588 E Church St, Alamo, TN 38001 on Redfin.com

170 Daybreak Loop, Medina, TN
- Price: $489,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,712
- See 170 Daybreak Loop, Medina, TN on Redfin.com

164 Daybreak Loop, Medina, TN
- Price: $489,900
- 5 bedrooms, 3 bathrooms
- Square feet: 2,709
- See 164 Daybreak Loop, Medina, TN on Redfin.com

35 Eaglecrest, Jackson, TN 38305
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,315
- See 35 Eaglecrest, Jackson, TN 38305 on Redfin.com

221 Flagstone Dr, Jackson, TN 38305
- Price: $489,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,207
- See 221 Flagstone Dr, Jackson, TN 38305 on Redfin.com

226 Morgan St, Jackson, TN 38301
- Price: $499,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,059
- See 226 Morgan St, Jackson, TN 38301 on Redfin.com

27 Greendale Dr, Jackson, TN 38305
- Price: $474,900
- 4 bedrooms, 3.5 bathrooms
- Square feet: 3,021
- See 27 Greendale Dr, Jackson, TN 38305 on Redfin.com

48 Sunhaven Dr, Jackson, TN 38305
- Price: $475,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,936
- See 48 Sunhaven Dr, Jackson, TN 38305 on Redfin.com

17 Roy Hargrove Rd, Medina, TN 38355
- Price: $495,000
- 4 bedrooms, 3.5 bathrooms
- Square feet: 2,608
- See 17 Roy Hargrove Rd, Medina, TN 38355 on Redfin.com

23 Forked Oak Ln, Humboldt, TN 38343
- Price: $480,000
- 4 bedrooms, 3 bathrooms
- Square feet: 4,666
- See 23 Forked Oak Ln, Humboldt, TN 38343 on Redfin.com

31 Brookhollow Cv, Jackson, TN 38305
- Price: $479,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,645
- See 31 Brookhollow Cv, Jackson, TN 38305 on Redfin.com

162 Yoshino Dr, Jackson, TN 38301
- Price: $499,999
- 4 bedrooms, 3 bathrooms
- Square feet: 3,507
- See 162 Yoshino Dr, Jackson, TN 38301 on Redfin.com

7 Cobble Ridge Cv, Jackson, TN 38305
- Price: $489,900
- 4 bedrooms, 3 bathrooms
- Square feet: 3,097
- See 7 Cobble Ridge Cv, Jackson, TN 38305 on Redfin.com

69 Union Central Rd, Milan, TN 38358
- Price: $475,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,859
- See 69 Union Central Rd, Milan, TN 38358 on Redfin.com

39 Kambridge Dr, Medina, TN 38355
- Price: $474,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,833
- See 39 Kambridge Dr, Medina, TN 38355 on Redfin.com

316 Millstream Dr, Jackson, TN 38305
- Price: $479,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,833
- See 316 Millstream Dr, Jackson, TN 38305 on Redfin.com

60 Marlow Dr, Jackson, TN 38305
- Price: $495,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,728
- See 60 Marlow Dr, Jackson, TN 38305 on Redfin.com

149 Providence Dr, Medina, TN 38355
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,571
- See 149 Providence Dr, Medina, TN 38355 on Redfin.com

140 Forest Lake Dr, Humboldt, TN 38343
- Price: $469,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,427
- See 140 Forest Lake Dr, Humboldt, TN 38343 on Redfin.com

95 Stavely Rd, Medina, TN 38355
- Price: $499,900
- 4 bedrooms, 3 bathrooms
- Square feet: 2,400
- See 95 Stavely Rd, Medina, TN 38355 on Redfin.com

161 Providence Dr, Medina, TN 38355
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,605
- See 161 Providence Dr, Medina, TN 38355 on Redfin.com

3280 Old Jackson Rd, Bells, TN 38006
- Price: $499,900
- 3 bedrooms, 3 bathrooms
- Square feet: 2,777
- See 3280 Old Jackson Rd, Bells, TN 38006 on Redfin.com

304 China Grove Rd, Rutherford, TN 38369
- Price: $485,000
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,581
- See 304 China Grove Rd, Rutherford, TN 38369 on Redfin.com

240 Greystone Cove St, Henderson, TN 38340
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,338
- See 240 Greystone Cove St, Henderson, TN 38340 on Redfin.com

153 County Farm Rd, Alamo, TN 38001
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,000
- See 153 County Farm Rd, Alamo, TN 38001 on Redfin.com

480 Ridgewood Dr, Henderson, TN 38340
- Price: $479,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,201
- See 480 Ridgewood Dr, Henderson, TN 38340 on Redfin.com

278 Burrow Rd, Friendship, TN 38034
- Price: $490,000
- 2 bedrooms, 1 bathroom
- Square feet: 1,421
- See 278 Burrow Rd, Friendship, TN 38034 on Redfin.com