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!

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Newest Homes for Sale in Dubois County

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

Situated on a .31 acre lot is this 1000 sq. ft. all brick home. Features include 3 bedrooms and 1 1/2 bathrooms. There is also a 1 car attched garage and rear patio. This is a fixer upper being sold "as is". Included in the sale is the range, refrigerator, washer and dryer. $110,000 Pending

1236 W Todd Lane Jasper, Indiana

3 Beds 2 Baths 1,000 SqFt 0.31 Acres

Listing courtesy of Gary Schnell from SELL4FREE-WELSH REALTY CORPORATION.

Check out this beautiful, modern home in the gorgeous neighborhood of Deer Creek Park. Walk into this updated eat-in kitchen that extends into a wonderful living room equipped with a gas log fireplace. Off the kitchen you'll find a mud room connected to the garage with a half bath and the large laundry room. The three-car stacked garage is large enough for your vehicles, lawnmower, other lawn equipment, and other storage. Upstairs are the master suite and three more bedrooms. The spacious master suite boasts an updated bathroom and large walk-in closet. Two of the other three bedrooms also have walk in closets, and upstairs there is another updated bathroom. Downstairs there is a bonus room, bathroom, large living area great for entertaining, and a rec-room great for storage. New roof in October 2024 and 10' x 20' shed added May 2025. Don't miss out on this opportunity to own this gorgeous home! $630,000 Active

39 Hannah Lane Jasper, Indiana

4 Beds 4 Baths 4,834 SqFt 1.65 Acres

Listing courtesy of Nathan Hanselman from SELL4FREE-WELSH REALTY CORPORATION.

Come see this cute ranch style home conveniently located in a quiet cul-de-sac in town. This home boasts three bedrooms and two full baths. The kitchen wall has been fitted with a large window to the living room to give the perception of an open space. The former garage was converted into a large studio/in-law suite complete with full bathroom and additional kitchen. The property is completed with a great flat yard space in the back with a 10x12 yard barn. $195,000 Active

479 S Carroll Drive Jasper, Indiana

3 Beds 2 Baths 1,296 SqFt 0.21 Acres

Listing courtesy of Nathan Hanselman from SELL4FREE-WELSH REALTY CORPORATION.