The housing market in Jay, IN County is strong. The median value of homes in the area is $125,600 which is substantially lower than the US median house value of $338,100. Despite this difference in cost, the 1 year appreciation rate for homes in Jay, IN County is 8.69%, which is slightly higher than the US average of 8.27%. This suggests that the local housing market is healthy and gaining value over time, making it an attractive option for potential buyers and investors alike.
The median home cost in Jay County is $125,600. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Jay County is up 15.1%.
Average Age of Homes
- The median age of Jay County real estate is 59 years old
The Rental Market in Jay County
- Renters make up 22.2% of the Jay County population
- 1.4% of houses and apartments in Jay County, 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.