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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Jefferson County, IN

How much do homes in Jefferson County, IN cost?

Median Sold Price

$173,750

$112/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$11,750(-6.3%)

Key Takeaway

Homes in Jefferson County have sold for 6.3% less than they did a month ago.

Summary: The median home sold price in Jefferson County was $173,750 in April 2024, down 6.3% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$215K
N/A
2 --
N/A
3 $106K$99.2K
-6.4%
4 $265K$245K
-7.5%
5+ --
N/A

Summary: Jefferson County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes did not change.

Housing Supply in Jefferson County, IN

How many homes are available in Jefferson County, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1618+12.5%

Summary: The Jefferson County real estate market had 18 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 02
+100.0%
3 910
+11.1%
4 53
-40.0%
5+ 01
+100.0%

Summary: The Jefferson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 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 Jefferson County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Jefferson County in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Jefferson County, IN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
40 Days190 Days+369.1%

Summary: Homes in Jefferson County had an average of 190 days on market in Apr 2024, up by 369.1% compared to last month.

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

Summary: During April 2024, 4 homes were sold in Jefferson County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 2 Days Ago

Newest Listings in Jefferson County, IN

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What housing markets are near Jefferson County, IN?