Is Jennings County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jennings County has remained a Seller's Market.
Housing Prices in Jennings County, IN
How much do homes in Jennings County, IN cost?
Median Sold Price
$185,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jennings County was $185,000 in March 2024, up 5.7% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $78K | +160.0% |
2 Bedrooms | $109.2K | $110K | +0.7% |
3 Bedrooms | $176.2K | $195K | +10.6% |
4 Bedrooms | $232.5K | $200K | -14.0% |
5+ Bedrooms | $314.4K | $442.5K | +40.7% |
Summary: Jennings County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 160%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 40.7%.
Median Sold Price Compared To Nearby Counties
Jennings County | $175K | $185K | +5.7% |
Bartholomew County | $246K | $256.6K | +4.3% |
Jackson County | $195K | $199.4K | +2.3% |
Housing Supply in Jennings County, IN
How many homes are available in Jennings County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 65 | +32.7% |
Summary: The Jennings County real estate market had 65 homes for sale in March 2024, a 32.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 27 | 38 | +40.7% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jennings County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 40.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Jennings County in March 2024, up by 140.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Jennings County, IN
How long does it take to sell a home in Jennings County, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 60 Days | +80.1% |
Summary: Homes in Jennings County had an average of 60 days on market in Mar 2024, up by 80.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Jennings County; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.