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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jay County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jay County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jay County, IN

How much do homes in Jay County, IN cost?

Median Sold Price

$135,000

$86/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$48,500(-26.4%)

Key Takeaway

Homes in Jay County have sold for 26.4% less than they did a month ago.

Summary: The median home sold price in Jay County was $135,000 in October 2024, down 26.4% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$104K
N/A
3 $157.5K$129K
-18.1%
4 $275K$177.4K
-35.5%
5+ --
N/A

Summary: Jay County housing prices by bedroom type for October 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 decreased by 18.1%, 4 bedroom homes decreased by 35.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Blackford County
+16.1%
Randolph County
-0.8%
Adams County
-7.5%
Jay County
-26.4%

Housing Supply in Jay County, IN

How many homes are available in Jay County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5561+10.9%

Summary: The Jay County real estate market had 61 homes for sale in October 2024, a 10.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 913
+44.4%
3 3030
0.0%
4 1213
+8.3%
5+ 34
+33.3%

Summary: The Jay County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jay County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Jay County in October 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.

Days on Market for Jay County, IN

How long does it take to sell a home in Jay County, IN?

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Jay County has remained consistent over time.

Summary: During October 2024, 11 homes were sold in Jay County; 0% of homes were sold within 30 days, 9% 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 4 Days Ago

Newest Listings in Jay County, IN

Nearby Markets to Jay County, IN

What housing markets are near Jay County, IN?