Is Jackson Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jackson Township has remained a Seller's Market.
Housing Prices in Jackson Township, IN
How much do homes in Jackson Township, IN cost?
Median Sold Price
$345,500
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jackson Township was $345,500 in March 2024, up 21.2% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $550K | - | N/A |
2 Bedrooms | $225K | $209.9K | -6.7% |
3 Bedrooms | $257.5K | $275K | +6.8% |
4 Bedrooms | $422.5K | $423.7K | 0.3% |
5+ Bedrooms | $601.5K | $700K | +16.4% |
Summary: Jackson Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 16.4%.
Median Sold Price Compared To Nearby Cities
Cicero Township | $185K | $280.5K | +51.6% |
Cicero | $287.5K | $379.9K | +32.1% |
Jackson Township | $285K | $345.5K | +21.2% |
Atlanta | $228K | $240K | +5.3% |
Housing Supply in Jackson Township, IN
How many homes are available in Jackson Township, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 30 | -6.3% |
Summary: The Jackson Township real estate market had 30 homes for sale in March 2024, a 6.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 7 | 3 | -57.1% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Jackson Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 57.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Jackson Township in March 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Jackson Township, IN
How long does it take to sell a home in Jackson Township, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 51 Days | +76.6% |
Summary: Homes in Jackson Township had an average of 51 days on market in Mar 2024, up by 76.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Jackson Township; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.