Is Jackson Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jackson Township has remained a Seller's Market.
Housing Prices in Jackson Township, IN
How much do homes in Jackson Township, IN cost?
Median Sold Price
$199,900
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jackson Township was $199,900 in May 2024, up 2.5% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $104.5K | $72K | -31.1% |
2 Bedrooms | $134.9K | $142.5K | +5.6% |
3 Bedrooms | $199.9K | $194K | -3.0% |
4 Bedrooms | $268.4K | $252.5K | -5.9% |
5+ Bedrooms | $398K | $415K | +4.3% |
Summary: Jackson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
Redding Township | $214.9K | $247.9K | +15.4% |
Seymour | $192K | $215K | +12.0% |
Spencer Township | $227.5K | $244K | +7.3% |
Jackson Township | $195K | $199.9K | +2.5% |
Housing Supply in Jackson Township, IN
How many homes are available in Jackson Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 59 | 0.0% |
Summary: The Jackson Township real estate market had 59 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 40 | 39 | -2.5% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Jackson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 13 | -31.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Jackson Township in May 2024, down by 31.6% month-over-month. Of the 13 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for Jackson Township, IN
How long does it take to sell a home in Jackson Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 34 Days | +20.0% |
Summary: Homes in Jackson Township had an average of 34 days on market in May 2024, up by 20% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Jackson Township; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.