Is Jay County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jay County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jay County has remained a Seller's Market.

Key Takeaway

Jay County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jay County, IN

How much do homes in Jay County, IN cost?

Median Sold Price

$155,000

$90/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$62,000(+66.7%)

Key Takeaway

Homes in Jay County have sold for 66.7% more than they did a month ago.

Summary: The median home sold price in Jay County was $155,000 in June 2024, up 66.7% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 $16.5K-
N/A
2 $31K$80K
+158.1%
3 $179.8K$167.4K
-6.9%
4 --
N/A
5+ $35K$170K
+385.7%

Summary: Jay County housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 158.1%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 385.7%.

Median Sold Price Compared To Nearby Counties

Jay County
+66.7%
Randolph County
+29.2%

Housing Supply in Jay County, IN

How many homes are available in Jay County, IN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
2227+22.7%

Summary: The Jay County real estate market had 27 homes for sale in June 2024, a 22.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 10
-100.0%
2 46
+50.0%
3 1214
+16.7%
4 36
+100.0%
5+ 21
-50.0%

Summary: The Jay County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

May 2024Jun 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jay County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Jay County in June 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for Jay County, IN

How long does it take to sell a home in Jay County, IN?

Average Sale Time

May 2024Jun 2024CHANGE
70 Days39 Days-44.8%

Summary: Homes in Jay County had an average of 39 days on market in Jun 2024, down by 44.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jay County has remained consistent over time.

Summary: During June 2024, 7 homes were sold in Jay County; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Jay County, IN

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