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

At the same time last year, Jackson Township was a Buyer'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

$375,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$135,000(+56.3%)

Key Takeaway

Homes in Jackson Township have sold for 56.3% more than they did a year ago.

Summary: The median home sold price in Jackson Township was $375,000 in November 2024, up 56.3% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $241K$399.9K
+65.9%
2 $215K$186.5K
-13.3%
3 $253K$345K
+36.4%
4 $212.2K$459K
+116.3%
5+ -$584K
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 increased by 65.9%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 116.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jackson Township
+56.3%
Morgantown
+13.5%
Morgantown
+5.9%

Housing Supply in Jackson Township, IN

How many homes are available in Jackson Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2017-15.0%

Summary: The Jackson Township real estate market had 17 homes for sale in November 2024, a 15.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 87
-12.5%
4 77
0.0%
5+ 21
-50.0%

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 decreased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Jackson Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% 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
68 Days25 Days-63.2%

Summary: Homes in Jackson Township had an average of 25 days on market in Nov 2024, down by 63.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jackson Township has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Jackson Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Jackson Township, IN

Nearby Markets to Jackson Township, IN

What housing markets are near Jackson Township, IN?