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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Johnson County, IN

How much do homes in Johnson County, IN cost?

Median Sold Price

$299,999

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$9,441(+3.2%)

Key Takeaway

Homes in Johnson County have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Johnson County was $299,999 in April 2024, up 3.2% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $275.6K$165.7K
-39.9%
2 $200K$222.5K
+11.3%
3 $259.9K$266.4K
+2.5%
4 $352K$355K
+0.9%
5+ $474.9K$435K
-8.4%

Summary: Johnson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.9%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 8.4%.

Median Sold Price Compared To Nearby Counties

Brown County
+11.2%
Morgan County
+4.0%
Bartholomew County
+3.3%
Johnson County
+3.2%
Shelby County
+2.5%

Housing Supply in Johnson County, IN

How many homes are available in Johnson County, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
644702+9.0%

Summary: The Johnson County real estate market had 702 homes for sale in April 2024, a 9.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 7284
+16.7%
3 267301
+12.7%
4 192208
+8.3%
5+ 112108
-3.6%

Summary: The Johnson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
161206+28.0%

Asking Price vs. Sold Price

110 Homes Were Sold
Under Asking

55 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnson County, you may be able to get a good deal. 53.4% of homes here sold below asking price last month.

Summary: A total of 206 homes were sold or pending in Johnson County in April 2024, up by 28.0% month-over-month. Of the 206 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% 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

Apr 2023Apr 2024CHANGE
36 Days-4 Days-111.6%

Summary: Homes in Johnson County had an average of -4 days on market in Apr 2024, down by 111.6% compared to last year.

Breakdown of Home Sale Times

140 Homes Were Sold
Under 30 Days

42 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 206 homes were sold in Johnson County; 68% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

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

Report Updated 5 Days Ago

Newest Listings in Johnson County, IN

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