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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jennings County is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, Jennings County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Jennings County, IN cost?

Median Sold Price

$174,200

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$25,800(+17.4%)

Key Takeaway

Homes in Jennings County have sold for 17.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $131K$30K
-77.1%
2 $93K$105K
+12.9%
3 $160K$173.4K
+8.4%
4 $180K$230K
+27.8%
5+ $299K$336.9K
+12.7%

Median Sold Price Compared To Nearby Counties

Jackson County
+17.9%
Jennings County
+17.4%
Bartholomew County
+6.5%
Scott County
+4.1%

How many homes are available in Jennings County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
3934-12.8%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 85
-37.5%
3 2122
+4.8%
4 86
-25.0%
5+ 10
-100.0%

Number of Homes Sold

Jan 2023Feb 2023%
911+22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jennings County, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
25 Days30 Days+18.1%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jennings County are selling fast, if you're buying plan to act quickly.

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

About Jennings County, IN

There are 34 homes are for sale in Jennings County, IN real estate market. In February 2023 in Jennings County, IN there were 12.8% less homes for sale than in January 2023. In February 2023 median list price was $174,200 and the average listing age was 30 days. This housing market listing prices have changed between January 2023 and February 2023: prices of 1 bedroom properties went down by 77.1%, prices of 2 bedrooms properties increased by 12.9%, prices of 3 bedrooms properties went up by 8.4%, prices of 4 bedrooms properties went up by 27.8%, prices of 5 bedrooms properties increased by 12.7%. This housing market inventory have changed: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 37.5%, 3 bedrooms homes inventory increased by 4.8%, the quantity of 4 bedrooms homes went down by 25%, number of 5 bedrooms homes decreased by 100%. In February 2023 more than 3 listings in Jennings County, IN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 5 were sold below.

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