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

$122,500

$89/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$22,250(-15.4%)

Key Takeaway

Homes in Jay County have sold for 15.4% less than they did a month ago.

Summary: The median home sold price in Jay County was $122,500 in November 2024, down 15.4% from last month, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $104K$42.5K
-59.1%
3 $129K$140.9K
+9.3%
4 $179.9K$140K
-22.2%
5+ --
N/A

Summary: Jay County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 59.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Adams County
-10.4%
Randolph County
-15.3%
Jay County
-15.4%
Blackford County
-32.1%

Housing Supply in Jay County, IN

How many homes are available in Jay County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6362-1.6%

Summary: The Jay County real estate market had 62 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1414
0.0%
3 3029
-3.3%
4 1414
0.0%
5+ 44
0.0%

Summary: The Jay County 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 remained the same, 3 bedroom homes decreased by 3.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 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. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Jay County in November 2024, down by 14.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for Jay County, IN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
37 Days5 Days-86.7%

Summary: Homes in Jay County had an average of 5 days on market in Nov 2024, down by 86.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Jay County; 8% of homes were sold within 30 days, 0% 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 Jay County, IN

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