Is Jefferson Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Jefferson Township was a Seller's Market.
Housing Prices in Jefferson Township, IN
How much do homes in Jefferson Township, IN cost?
Median Sold Price
$347,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jefferson Township was $347,000 in May 2024, up 21.8% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.5K | $50K | -25.9% |
2 Bedrooms | $170K | $361K | +112.4% |
3 Bedrooms | $349.9K | $285.7K | -18.3% |
4 Bedrooms | $320K | $675.1K | +111.0% |
5+ Bedrooms | $265K | $570K | +115.1% |
Summary: Jefferson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.9%, 2 bedroom homes increased by 112.4%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 111%, and 5+ bedroom homes increased by 115.1%.
Median Sold Price Compared To Nearby Cities
Gregg Township | $245K | $331.7K | +35.4% |
Jefferson Township | $285K | $347K | +21.8% |
Clay Township | $219.9K | $250K | +13.7% |
Washington Township | $225K | $240.5K | +6.9% |
Housing Supply in Jefferson Township, IN
How many homes are available in Jefferson Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Summary: The Jefferson Township real estate market had 11 homes for sale in May 2024, a 8.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 8 | 8 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jefferson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Jefferson Township in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jefferson Township, IN
How long does it take to sell a home in Jefferson Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
4 Days | 96 Days | +1957.1% |
Summary: Homes in Jefferson Township had an average of 96 days on market in May 2024, up by 1957.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Jefferson Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.