Is Jackson County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jackson County has remained a Seller's Market.
Housing Prices in Jackson County, IN
How much do homes in Jackson County, IN cost?
Median Sold Price
$201,042
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jackson County was $201,042 in April 2024, up 3.1% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.5K | $77K | -15.8% |
2 Bedrooms | $141.7K | $142.5K | 0.5% |
3 Bedrooms | $199.9K | $199.9K | 0.0% |
4 Bedrooms | $282K | $275K | -2.5% |
5+ Bedrooms | $335K | $459K | +37.0% |
Summary: Jackson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.8%, 2 bedroom homes increased by 0.5%, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 37%.
Median Sold Price Compared To Nearby Counties
Jennings County | $178.7K | $190K | +6.3% |
Jackson County | $195K | $201K | +3.1% |
Housing Supply in Jackson County, IN
How many homes are available in Jackson County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
108 | 107 | -0.9% |
Summary: The Jackson County real estate market had 107 homes for sale in April 2024, a 0.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 67 | 70 | +4.5% |
4 Bedrooms | 25 | 22 | -12.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Jackson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 27 | -18.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Jackson County in April 2024, down by 18.2% month-over-month. Of the 27 sold homes, 30% were sold under asking, 52% were sold at asking, and 19% were sold over asking.
Days on Market for Jackson County, IN
How long does it take to sell a home in Jackson County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 32 Days | -7.6% |
Summary: Homes in Jackson County had an average of 32 days on market in Apr 2024, down by 7.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Jackson County; 70% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.