A clear Hall-of-Famer. However, arguably the most overrated player in baseball history. The argument could be made that he is closer to being the 20th best shortstop of all-time than top ten, let alone anywhere close to being in the Inner Circle.
For example, if you go by straight BBRef WAR (yes, I know it isn't the be all and end all - but it just shows one of the ways Jeter can be viewed as overrated), there are 9 shortstops who have a listed WAR higher than Jeter: Honus, A-Rod (most of his value came at SS, thus he is classified as one), Ripken, George Davis, Arky Vaughan, Luke Appling, Bill Dahlen, Yount (see A-Rod) and Ozzie. That right there could put him in 10th.
Now once you adjust WAR for strike and pre-expansion shortened seasons, and add in the most conservative WWII credit possible, the following also jump ahead of Jeter in straight WAR: Jack Glasscock, Larkin, Bobby Wallace, Trammell, Monte Ward and Pee Wee Reese). Now he drops down to 16th.
If you have any sort of peak bonus, Lou Boudreau, Joe Cronin and Ernie Banks can jump ahead of Jeter, since they are all within 2-3 WAR of Jeter adjusting for pre-expansion seasons. And Jeter probably wouldn't jump ahead of any of the others previously listed based on peak, since his peak, although good, was still lower than every single one of them except Reese, who with war credit (he never had a WAR below 4 from 1942-1955 in any season that he played - so even just just giving him 4 WAR per year credit for the 3 years he missed for WWII, he jumps to over 10 WAR ahead of Jeter. So theoretically Jeter is down to 19th in this exercise.
This doesn't even consider Negro League Players, of whom I have no doubt that Pop Lloyd was better than Jeter. I also have Grant Johnson and Willie Wells ahead of him, and Dobie Moore, Dick Lundy and Bus Clarkson behind, but YMMV. But even just including Lloyd, Jeter could drop to 20th.
Then there are the special cases: Pre-NA and NA players Dickey Pearce and and George Wright and the ultimate peak shortstop candidate, Hughie Jennings. I have all three of them ahead of Jeter, but I can understand why others wouldn't due to uncertainty/short career, respectively.
Thus, going by straight (short-season and war-credit adjusted) BBRef WAR, not even giving peak bonuses to the Boudreaus, Cronins, and Banks, Jeter has the 16th most WAR all time. And this is with BBRef's relative generosity towards Jeter's defense compared to some other systems (e.g. DRA). If you use DRA for Jeter's defense instead, his career WAR drops down to around 55, and he becomes a borderline candidate.
If you use any sort of WAA system that zeroes out below average years since those don't really contribute to a player's greatness to determine a player's HoF worthiness, even without using DRA or any more punishing defensive metrics, Jeter can drop into the low/mid 20's of SS rankings.