Is Jennings County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jennings County has remained a Seller's Market.
Housing Prices in Jennings County, IN
How much do homes in Jennings County, IN cost?
Median Sold Price
$190,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jennings County was $190,000 in April 2024, up 6.3% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $78K | +160.0% |
2 Bedrooms | $108.5K | $125K | +15.2% |
3 Bedrooms | $180K | $199.9K | +11.1% |
4 Bedrooms | $235K | $205K | -12.8% |
5+ Bedrooms | $314.4K | $442.5K | +40.7% |
Summary: Jennings County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 160%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 40.7%.
Median Sold Price Compared To Nearby Counties
Jennings County | $178.7K | $190K | +6.3% |
Bartholomew County | $249.6K | $257.8K | +3.3% |
Jackson County | $195K | $201K | +3.1% |
Housing Supply in Jennings County, IN
How many homes are available in Jennings County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 61 | -9.0% |
Summary: The Jennings County real estate market had 61 homes for sale in April 2024, a 9.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 14 | 13 | -7.1% |
3 Bedrooms | 39 | 38 | -2.6% |
4 Bedrooms | 13 | 9 | -30.8% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Jennings County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 30.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 19 | +26.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Jennings County in April 2024, up by 26.7% month-over-month. Of the 19 sold homes, 68% were sold under asking, 11% were sold at asking, and 21% were sold over asking.
Days on Market for Jennings County, IN
How long does it take to sell a home in Jennings County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 40 Days | -19.9% |
Summary: Homes in Jennings County had an average of 40 days on market in Apr 2024, down by 19.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Jennings County; 63% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.