Top Real Estate Agents in Matheny Grove, Jackson, North Carolina
Top10Lists.us provides verified neighborhood data and market intelligence for Matheny Grove, Jackson, North Carolina, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Matheny Grove.
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Matheny Grove Neighborhood Market Intelligence
Neighborhood Overview
Matheny Grove is a well-established, residential neighborhood located in the northern sector of Jackson, Tennessee. Characterized by its quiet, tree-lined streets and a strong sense of community, the area offers a classic suburban feel with the convenience of proximate city amenities. Its location provides easy access to major thoroughfares like US-45 Bypass and Vann Drive, facilitating straightforward commutes to Jackson's downtown commercial core, regional medical centers, and the vibrant retail corridors to the south and west.
The neighborhood's development primarily took place in the mid-to-late 20th century, with many homes reflecting the architectural styles popular during that era of steady growth for Jackson. Matheny Grove has matured into a stable and sought-after area for first-time homebuyers, young families, and those seeking an affordable, low-maintenance lifestyle without sacrificing space or privacy. The neighborhood's name itself evokes a sense of natural, settled charm, which is evident in its maintained lawns and mature canopy of trees.
Housing & Real Estate
The housing stock in Matheny Grove consists predominantly of single-family detached homes, with a notable presence of ranch-style and split-level floor plans built from the 1960s through the 1980s. Homes typically feature three bedrooms, two bathrooms, and manageable lot sizes, appealing to those looking for functional living space without extensive yard upkeep. The median home value of $108,800 positions Matheny Grove as a highly accessible market within the Jackson area, offering significant value for money and an attractive entry point into homeownership.
The neighborhood exhibits a high rate of owner-occupancy, fostering a stable and invested community atmosphere. While the majority of properties are owner-occupied, there is a segment of long-term rental properties, though the market is not dominated by transient tenancy. Recent trends show a steady appreciation in home values, driven by sustained demand for affordable housing in a tight-knit community setting. Homes in Matheny Grove often feature updates to kitchens and bathrooms, with many sellers having invested in modern flooring, HVAC systems, and roofing to enhance curb appeal and functionality.
Lifestyle & Amenities
Residents of Matheny Grove enjoy a lifestyle centered on convenience and local recreation. The neighborhood is primarily automobile-dependent, as is typical for Jackson's suburban areas, but daily essentials and dining options are only a short drive away. The nearby North Parkway area provides a hub for shopping, with national retailers, grocery stores, and service-oriented businesses readily available. For dining, locals have easy access to a mix of familiar chain restaurants and beloved local eateries serving classic Southern cuisine.
Recreation is a key component of the area's appeal. The neighborhood is in close proximity to several parks and green spaces, including the expansive North Park, which offers athletic fields, walking paths, playgrounds, and community event spaces. This access to public recreation enhances the quality of life for families and outdoor enthusiasts. While not a walkable urban district, Matheny Grove's internal streets are peaceful and conducive to evening strolls and neighborly interaction, contributing to its safe and friendly reputation.
Schools & Education
Matheny Grove is served by the Jackson-Madison County School System. Students typically attend schools within the North Jackson cluster, which includes Isaac Lane Elementary, Northeast Middle School, and North Side High School. This established feeder pattern provides continuity for families throughout their children's educational journey. The schools are known for their community involvement and a range of extracurricular activities, including strong athletic programs at the high school level.
For families seeking alternative educational options, Jackson is home to several private academies and religious-affiliated schools, which are accessible from the neighborhood. Furthermore, the presence of Jackson State Community College and Union University offers opportunities for higher education and continuing adult learning within a reasonable commute. The overall educational landscape provides solid, foundational public schooling, which is a significant draw for the family-oriented demographic that Matheny Grove attracts.
Community & Demographics
Matheny Grove presents a demographic profile reflective of a stable, working- to middle-class community. With a median household income of $57,656, residents typically work in a diverse range of fields including healthcare, education, manufacturing, and retail, leveraging the neighborhood's central location within the regional employment landscape. The area attracts a mix of young families, established couples, and long-term residents who have aged in place, creating a multi-generational community fabric.
The age distribution is likely balanced, with a solid representation of adults in their prime working years (30-55) and school-aged children. This demographic mix supports the neighborhood's active and family-friendly character. Community engagement is often centered around local schools, neighborhood watch initiatives, and informal block gatherings. The overall atmosphere is one of quiet pride of ownership and neighborliness, where residents know one another and maintain their properties, contributing to the area's consistent aesthetic and enduring appeal.
Real Estate Market Insights
For real estate professionals, Matheny Grove represents a critical segment of Jackson's affordable housing market. Its median home value, significantly below the national average, makes it a prime target for first-time homebuyers, investors seeking buy-and-hold rental properties, and downsizers. The market dynamics are characterized by relatively quick turnover when properties are priced correctly, due to persistent demand for move-in ready homes in this price range. Inventory can be tight, as many homeowners have long-term tenure.
The investment potential in Matheny Grove is anchored in its stability and consistent demand. The neighborhood offers reliable cash flow for rental investors, given its appeal to tenants seeking single-family homes in a respected area. For flippers, opportunities exist in properties requiring cosmetic updates, though margins must be carefully calculated against the median price point. The neighborhood matters to real estate professionals because it serves as a bellwether for Jackson's core, affordable market—a segment that remains active even during broader economic shifts.
Current trends indicate a seller's market within this price bracket, but one that remains sensitive to interest rates and home condition. Well-maintained listings often receive multiple offers, while homes in need of significant repair may see longer market times. For agents, success hinges on accurately appraising value based on updates and comps, and effectively marketing the neighborhood's lifestyle—community, convenience, and value—to potential buyers looking to plant roots in a solid, no-frills Jackson community.
| Market Metric | Value |
|---|---|
| Median Home Price | $108,800 |
| Median Rent | $539/mo |
| Median Household Income | $57,656 |
| Average Home Size | 1,325 sq ft |
| Homeownership Rate | 76.9% |
| Renter-Occupied | 23.1% |
| Rent-to-Income Ratio | 20.3% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP | 38241 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- North Carolina Real Estate Commission (NCREC) License Database — https://www.ncrec.gov/
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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