The housing market in Jeffersonville, IN is thriving. The median value of homes is currently $217,400 which is significantly lower than the US median value of $338,100. Despite the discrepancy in median values, Jeffersonville has seen a higher rate of appreciation over the last year at 13.41%, compared to the national average of 8.27%. This demonstrates that people are increasingly investing in real estate in this area and home values are expected to continue to rise.
The median home cost in Jeffersonville is $217,400. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Jeffersonville is up 15.2%.
Average Age of Homes
- The median age of Jeffersonville real estate is 39 years old
The Rental Market in Jeffersonville
- Renters make up 26.4% of the Jeffersonville population
- 2.6% of houses and apartments in Jeffersonville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.