Does The Indiana Housing Market Look Good For 2019?

The Indiana housing market looks great for 2019. Home prices last year had already increased by nearly eight percent over 2017. This was Indiana’s strongest rate of appreciation on record. Plus the higher prices didn’t decrease demand. Buying a home was still a good decision because the median price for rent in the state is $1,000.

What Does The Indiana Inventory Of Homes Look Like Now?

Indiana’s housing inventory indicates a need for new residential construction, especially for smaller, entry-level homes. This isn’t isolated to Indiana though. Across the nation, as Millennials settle into homes and Baby Boomers scale down from their larger homes, there’s competition for entry-level homes. This is a nation-wide phenomenon that needs to be addressed. Millennials, in particular, aren’t especially impressed with large spacious homes. They prefer smaller, reasonably priced homes. Experts know that new residential construction is needed to address the desire for smaller homes from two generations. If you own a starter home and are thinking of moving into a larger home, now is the time, because your starter home is in high demand.

What Is The Median Home Value & Median List Price In Indiana Right Now?

The median home value in Indiana right now is $144,500. The median list price for Indiana homes is $189,900. In this past year, the home values in this state have gone up 9.7 percent, in part due to the lower interest rates, higher prices of rent, and competition for starter homes. Zillow currently predicts they will rise five percent in the next 12 months.

When examining price per square foot, we see that the median list price for Hoosier homes is $107. 5.0% within the next year. The median list price per square foot in Indiana is $107.

Are You Thinking of Buying a Home in Dubois County?

Use our site to search homes for sale in Jasper, Dubois, Spencer, Martin and Davis counties and all of our surrounding areas. Unlike the “big name” sites out there, at Sell 4 Free Welsh Realty our site is directly connected to our local MLS and is updated with new homes every hour. By signing up for New Listing alerts you can stay on top of the newest homes for sale and get price change alerts so you can stay ahead of other buyers and beat them to the hottest deals!

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Newest Homes for Sale in Dubois County

View the newest homes listed in Dubois County in the last 10 days:

Check out this well taken care of and redone home in Idlewild Lake overlooking the lake with its very own boat dock. The home has a nice enclosed front porch overlooking the lake. The home has been repainted and has some new added features. Newly installed split units for HVAC. The home could be purchased furnished as well. Fenced in back yard with a nice storage shed and covered back patio. This will not last long.

$75,000 Active

1183 N Idlewild Lake Road Jasper, Indiana

1 Beds 1 Baths 440 SqFt

Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.

Step into this STUNNER of a home and be greeted with 9+ foot ceilings and an open concept floor plan! With over 2,500 square feet of living space, this home features four bedrooms, two full bathrooms and one partial bathroom. The office space has endless possibilities, including being a fifth bedroom, as it hosts closet space and custom-made sliding barn doors for privacy! In the kitchen, you will find all stainless-steel appliances along with a large kitchen island and a walk-in pantry. Upstairs you will be greeted by a bonus loft space and four spacious bedrooms that ALL have walk-in closets! The master bedroom features an in-suite bathroom with a walk-in shower, twin sink vanity and a large walk-in closet. Back downstairs, you will find a spacious 2 car garage off the kitchen that provides extra storage space. Off the kitchen, the covered patio along with custom stonework provides for a relaxing night around the fire or for simple enjoyment! Added bonuses with the home are a tankless water heater, garden shed and potential to keep the swing set if requested!

$339,700 Active

215 W Stellar Way Huntingburg, Indiana

4 Beds 3 Baths 2,566 SqFt 0.190 Acres

Listing courtesy of Marissa Goodness from Carpenter Realty LLC.

Wow! Say hello to this beautiful 4 bedroom 2-1/2 bath house sporting 2,650sf of finished living space on Jasper's west side. This home is situated on a quiet street in a beautiful neighborhood of well-kept houses near Holy Trinity School and minutes from Jasper High School. You'll be greeted with new waterproof laminate flooring throughout the main level creating a smooth continuous flow from one room to the next. For the cooks in the family, say hello to an open kitchen and dining area with all new cabinets and high-end granite countertop for ample storage and food preparation space. As you move throughout the main level, prepare to find updated ceiling fans in the living room and each bedroom along with newly updated bathrooms including the first-floor laundry. As you move down the stairs, you'll find a fully finished basement with space for entertaining. There's plenty of room for a home theater, pool table, workout area or possibly all three! Here, you will also find the fourth bedroom, craft space, or home office, and the second full bathroom. The house is situated on nearly one-third of an acre with a large unobstructed back yard with lots of room for a garden or firing up the grill for outdoor entertaining. The additional three season porch is a wonderful place to relax and watch some amazing sunsets. With the recently updated HVAC, water heater, and roof, this house is truly move-in ready waiting for you to call it your new home. Come see it today.

$349,700 Active

1517 Gregory Lane Jasper, Indiana

4 Beds 3 Baths 2,648 SqFt 0.330 Acres

Listing courtesy of Joseph Wootan from List With Freedom.com LLC.