What Does The Indiana Housing Market Look Like For 2019?

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!

Start your Home Search now

Popular Jasper Indiana Home Searches:

Newest Homes for Sale in Dubois County

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

Unbelievable is the only word that can describe this 4 bedroom, 3 1/2 bath home built in 2024 on 13.14 acres located just 12 minutes from Patoka Lake, in Birdseye, Indiana.  If you are looking for that perfect home on acreage in the country with top of the line everything, or an AMAZING weekend getaway by Patoka, then look no further.  This custom built home features 3031 square feet of finished living space with Bosch appliances, granite counter tops, hardwood floors and tile showers that will satisfy the most particular of owners.  Enjoy the new pond, do some hunting on the surrounding wooded acres, camp on the open ground, and then clean up in the free standing outside bath house.  Wired with an alarm and security system and cameras and wired for a generator if you so choose to add one, this home has had attention to every detail imaginable.  The massive open kitchen/dining/living room lends to great entertaining.  The basement has a large overhead garage door to the living area for great entertaining / grilling / possible boat storage in the winter.  The master bedroom is on the first floor adjacent to the laundry room, and bedrooms 2 & 3 are in the lower level with the 4th bedroom on the upper level.  This magnificent home has so much to offer and is ready for immediate possession. $849,000 Active

5925 S Kyana Road Birdseye, Indiana

4 Beds 4 Baths 3,031 SqFt 13.14 Acres

Listing courtesy of Andrew Welsh from SELL4FREE-WELSH REALTY CORPORATION.

Beautifully remodeled 3 bedroom, 1 bath home in downtown Jasper. As you step inside, you will instantly appreciate all the modern touches. Painted with grey and white tones, maintenance free flooring on the main level, updated kitchen, refrigerator, range, microwave and stackable washer/dryer are included. The bathroom features a  newer walk-in shower. Two bedrooms are located on the main level and a third bedroom or bonus room is located upstairs. Covered front and back porches lend shade for those hot summer days. Spacious back yard and a place to park off the alley way are added bonuses. Walking distance to shopping, restaurants, park, public pool and library. $162,000 Active

321 W 8th Street Jasper, Indiana

3 Beds 1 Baths 1,405 SqFt 0.11 Acres

Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.

Welcome to this impeccable 4-bedroom, 1.5-bath home nestled on 1.73 Acres and Beautifully Landscaped! Step inside to find the gorgeous, remodeled kitchen and baths that add elegance to everyday living. The updated flooring enhances the flow throughout, while newer appliances make this home move-in ready. Enjoy the perks of an above-ground swimming pool with a spacious deck, ideal for summer fun and weekend entertaining. Whether you're sipping morning coffee on the charming front porch or unwinding on the private back deck, relaxation is always just steps away. The home also features a sleek concrete driveway leading to an attached 2 car garage. A partially unfinished basement provides flexible space for storage. Recent upgrades include a roof installed just 6 years ago, new windows added in 2024, and the furnace and central air system was replaced only 5 years ago—ensuring comfort and confidence in every season. Stream your favorites with High-Speed Orange County Fiber Internet. $389,900 Active

149 E State Road 56 Jasper, Indiana

4 Beds 2 Baths 3,527 SqFt 1.73 Acres

Listing courtesy of Opal Sermersheim from SELL4FREE-WELSH REALTY CORPORATION.