Is Jackson County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Jackson County has remained a Seller's Market.
Housing Prices in Jackson County, IN
How much do homes in Jackson County, IN cost?
Median Sold Price
$199,962
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Jackson County was $199,962 in February 2024, up 2.5% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145.9K | $78K | -46.5% |
2 Bedrooms | $138K | $149.9K | +8.6% |
3 Bedrooms | $199.9K | $197K | -1.5% |
4 Bedrooms | $274.5K | $275K | 0.2% |
5+ Bedrooms | $350K | $459K | +31.1% |
Summary: Jackson County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.5%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 31.1%.
Median Sold Price Compared To Nearby Counties
Jennings County | $175K | $185K | +5.7% |
Lawrence County | $192K | $200K | +4.2% |
Jackson County | $195K | $199.9K | +2.5% |
Housing Supply in Jackson County, IN
How many homes are available in Jackson County, IN?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
90 | 98 | +8.9% |
Summary: The Jackson County real estate market had 98 homes for sale in February 2024, a 8.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 54 | 62 | +14.8% |
4 Bedrooms | 21 | 19 | -9.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Jackson County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
21 | 20 | -4.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Jackson County in February 2024, down by 4.8% month-over-month. Of the 20 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Jackson County, IN
How long does it take to sell a home in Jackson County, IN?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
57 Days | 38 Days | -32.8% |
Summary: Homes in Jackson County had an average of 38 days on market in Feb 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 20 homes were sold in Jackson County; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.