Is Johnson 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, Johnson County has remained a Seller's Market.
Housing Prices in Johnson County, IN
How much do homes in Johnson County, IN cost?
Median Sold Price
$299,907
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Johnson County was $299,907 in March 2024, up 3.4% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $257.5K | $166.5K | -35.3% |
2 Bedrooms | $200K | $220K | +10.0% |
3 Bedrooms | $260K | $264.9K | +1.9% |
4 Bedrooms | $350K | $354.9K | +1.4% |
5+ Bedrooms | $468.2K | $444.6K | -5.0% |
Summary: Johnson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.3%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 5%.
Median Sold Price Compared To Nearby Counties
Brown County | $320K | $354.2K | +10.7% |
Bartholomew County | $246K | $256.6K | +4.3% |
Shelby County | $205K | $212.6K | +3.7% |
Johnson County | $289.9K | $299.9K | +3.4% |
Morgan County | $264.9K | $270.3K | +2.0% |
Housing Supply in Johnson County, IN
How many homes are available in Johnson County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
599 | 615 | +2.7% |
Summary: The Johnson County real estate market had 615 homes for sale in March 2024, a 2.7% 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 | 65 | 71 | +9.2% |
3 Bedrooms | 264 | 256 | -3.0% |
4 Bedrooms | 172 | 185 | +7.6% |
5+ Bedrooms | 98 | 102 | +4.1% |
Summary: The Johnson 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 9.2%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 4.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
156 | 158 | +1.3% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 158 homes were sold or pending in Johnson County in March 2024, up by 1.3% month-over-month. Of the 158 sold homes, 53% were sold under asking, 31% were sold at asking, and 16% were sold over asking.
Days on Market for Johnson County, IN
How long does it take to sell a home in Johnson County, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 49 Days | -8.6% |
Summary: Homes in Johnson County had an average of 49 days on market in Mar 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
93 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Summary: During March 2024, 158 homes were sold in Johnson County; 59% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.