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.

How much do homes in Jay County, IN cost?

Median Sold Price

$89,200

$63/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

-$42,300(-32.2%)

Key Takeaway

Homes in Jay County have sold for 32.2% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 --
N/A
2 $105K$53.7K
-48.9%
3 $160K$115K
-28.1%
4 $118K$55K
-53.4%
5+ -$295K
N/A

Median Sold Price Compared To Nearby Counties

Adams County
+2.7%
Randolph County
-24.7%
Jay County
-32.2%
Blackford County
-33.5%

How many homes are available in Jay County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
3938-2.6%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 1315
+15.4%
3 1815
-16.7%
4 66
0.0%
5+ 22
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
880.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was 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. 87.5% of homes here sold below asking price last month.

Average Sale Time

Jan 2023Feb 2023%
24 Days161 Days+570.8%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Jay County are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About Jay County, IN

There are 38 homes are for sale in Jay County, IN real estate market. Between January 2023 and February 2023, Jay County, IN real estate market has seen decrease in the number of listings by 2.6%. The median list price of listings available in February 2023 was $89,200, while the average time on the real estate market was 161 days. From February 2022 through February 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went down by 48.9%, prices of 3 bedrooms properties decreased by 28.1%, 4 bedrooms properties became 53.4% more cheaper, 5 bedrooms properties prices increased by 0%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 15.4%, the quantity of 3 bedrooms homes went down by 16.7%, 4 bedrooms homes inventory did not change, the quantity of 5 bedrooms homes have not changed. In February 2023 more than 0 listings in Jay County, IN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 7 were sold below.

Related Housing Market Reports