Is Jefferson County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Jefferson County has remained a Seller's Market.
Housing Prices in Jefferson County, IN
How much do homes in Jefferson County, IN cost?
Median Sold Price
$170,000
$112/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Jefferson County was $170,000 in May 2024, up 18.5% from last month, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | - | N/A |
2 Bedrooms | - | $160K | N/A |
3 Bedrooms | $132.5K | $170K | +28.3% |
4 Bedrooms | $245K | $205K | -16.3% |
5+ Bedrooms | - | - | N/A |
Summary: Jefferson County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 28.3%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Carroll County | $242K | $341K | +40.9% |
Jefferson County | $143.5K | $170K | +18.5% |
Housing Supply in Jefferson County, IN
How many homes are available in Jefferson County, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Summary: The Jefferson County real estate market had 20 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 | 2 | 0 | -100.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 12 | 11 | -8.3% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Jefferson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Jefferson County in May 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Jefferson County, IN
How long does it take to sell a home in Jefferson County, IN?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
137 Days | 53 Days | -61.5% |
Summary: Homes in Jefferson County had an average of 53 days on market in May 2024, down by 61.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Jefferson County; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.