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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jefferson Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Jefferson Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Jefferson Township, IN

How much do homes in Jefferson Township, IN cost?

Median Sold Price

$175,000

$114/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$134,500(-43.5%)

Key Takeaway

Homes in Jefferson Township have sold for 43.5% less than they did a month ago.

Summary: The median home sold price in Jefferson Township was $175,000 in October 2024, down 43.5% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$172.5K
N/A
3 $216K$191.3K
-11.4%
4 $410K$189K
-53.9%
5+ --
N/A

Summary: Jefferson Township 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 11.4%, 4 bedroom homes decreased by 53.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pleasant Township
-28.0%
Jefferson Township
-43.5%
Ossian
-43.5%

Housing Supply in Jefferson Township, IN

How many homes are available in Jefferson Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2019-5.0%

Summary: The Jefferson Township real estate market had 19 homes for sale in October 2024, a 5.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1112
+9.1%
4 74
-42.9%
5+ 11
0.0%

Summary: The Jefferson Township 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 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jefferson Township, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Jefferson Township in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Jefferson Township, IN

We’re sorry, we don't have information for this market at the moment

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 Jefferson Township, IN

Nearby Markets to Jefferson Township, IN