Is Jackson Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Jackson Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jackson Township, IN

How much do homes in Jackson Township, IN cost?

Median Sold Price

$297,450

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$82,450(+38.3%)

Key Takeaway

Homes in Jackson Township have sold for 38.3% more than they did a year ago.

Summary: The median home sold price in Jackson Township was $297,450 in November 2024, up 38.3% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $159K$189K
+18.9%
3 $220K$299K
+35.9%
4 $215K$305.4K
+42.1%
5+ $285K-
N/A

Summary: Jackson Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.9%, 3 bedroom homes increased by 35.9%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes did not change.

Housing Supply in Jackson Township, IN

How many homes are available in Jackson Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
16160.0%

Summary: The Jackson Township real estate market had 16 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 98
-11.1%
4 32
-33.3%
5+ 22
0.0%

Summary: The Jackson Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Jackson Township in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
9 Days78 Days+709.5%

Summary: Homes in Jackson Township had an average of 78 days on market in Nov 2024, up by 709.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Jackson Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in Jackson Township, IN

Nearby Markets to Jackson Township, IN

What housing markets are near Jackson Township, IN?