Is Johnson 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, 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
$299,999
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275.6K | $165.7K | -39.9% |
2 Bedrooms | $200K | $222.5K | +11.3% |
3 Bedrooms | $259.9K | $266.4K | +2.5% |
4 Bedrooms | $352K | $355K | +0.9% |
5+ Bedrooms | $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 | $325K | $361.2K | +11.2% |
Morgan County | $264.2K | $274.8K | +4.0% |
Bartholomew County | $249.6K | $257.8K | +3.3% |
Johnson County | $290.5K | $299.9K | +3.2% |
Shelby County | $210K | $215.1K | +2.5% |
Housing Supply in Johnson County, IN
How many homes are available in Johnson County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
644 | 702 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 72 | 84 | +16.7% |
3 Bedrooms | 267 | 301 | +12.7% |
4 Bedrooms | 192 | 208 | +8.3% |
5+ Bedrooms | 112 | 108 | -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 2024 | Apr 2024 | CHANGE |
---|---|---|
161 | 206 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
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
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.