Is Jackson Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Jackson Township has remained a Seller's Market.
Housing Prices in Jackson Township, IN
How much do homes in Jackson Township, IN cost?
Median Sold Price
$345,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Jackson Township was $345,000 in May 2024, up 11.3% 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 | $217.5K | $263.4K | +21.1% |
2 Bedrooms | $215K | $157K | -27.0% |
3 Bedrooms | $309.9K | $345K | +11.3% |
4 Bedrooms | $346K | $452.5K | +30.8% |
5+ Bedrooms | $855K | $625K | -26.9% |
Summary: Jackson Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes decreased by 27%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
Morgantown | $212K | $325K | +53.3% |
Morgantown | $265K | $336.1K | +26.9% |
Jackson Township | $285K | $356K | +24.9% |
Hensley Township | $265.2K | $329.9K | +24.4% |
Jackson Township | $309.9K | $345K | +11.3% |
Housing Supply in Jackson Township, IN
How many homes are available in Jackson Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 20 | +5.3% |
Summary: The Jackson Township real estate market had 20 homes for sale in May 2024, a 5.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Jackson Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Jackson Township in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Jackson Township, IN
How long does it take to sell a home in Jackson Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
2 Days | 38 Days | +1450.0% |
Summary: Homes in Jackson Township had an average of 38 days on market in May 2024, up by 1450% compared to last year.
Breakdown of Home Sale Times
3 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, 4 homes were sold in Jackson Township; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.