Is Jay County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Jay County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $16.5K | - | N/A |
2 Bedrooms | $31K | $80K | +158.1% |
3 Bedrooms | $179.8K | $167.4K | -6.9% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $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 | $93K | $155K | +66.7% |
Randolph County | $120K | $155K | +29.2% |
Housing Supply in Jay County, IN
How many homes are available in Jay County, IN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
22 | 27 | +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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 12 | 14 | +16.7% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 2 | 1 | -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 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 7 | +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
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 2024 | Jun 2024 | CHANGE |
---|---|---|
70 Days | 39 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
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.