Housing in Jefferson

A typical Jefferson home is worth roughly $181,000

Home prices around Jefferson have risen about 39% over the past 5 years.

Typical home value

$181K

▼ 0.5% in a year · IN $260K

Estimate

2-bedroom rent

$970

a month, utilities in · HUD

Median tax bill

$1,086

IN $1,614

What kind of housing town is Jefferson?

Read from the numbers below. The page puts what stands out first.

Your money goes further30% below the Indiana typical home.

★ What stands out · Affordability

A typical home costs 2.3 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about

$321,000

Typical Jefferson home $181K

That covers a typical Jefferson home, with $140K to spare.

The typical home, each month

$1,040

Loan $900Tax $90Insurance $50

A two-bedroom rents for about $970 a month here, $70 less than owning.

Where your budget reaches nearby

Greene$184K Richland$89K Pike$144K Franklin$62K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Jefferson’s typical property tax (0.60% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 39% in 5 years

The federal house price index for the ZIP codes around Jefferson rose 39% over the past 5 years, slower than across Indiana (53%). Prices were about flat last year.

Jefferson areaIndiana

−0.5%

past year

+39%

past 5 years

+77%

past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Jefferson, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $970

Fair Market Rent a month, utilities included

Studio$690

1 bedroom$750

2 bedrooms$970

3 bedrooms$1,270

4 bedrooms$1,280

16%

of households rent · IN 29%

renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Jay County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

84% of Jefferson households own their home

Half of Jefferson’s homes were built before 1965.

Owners and renters

Own 84%Rent 16%

Indiana: 71% own.

1965

typical home built · IN 1976

$1,086

median property tax bill · IN $1,614

0.60%

of a home’s value, a year in tax · IN 0.74%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Jefferson vs. its neighbors

Jefferson is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Greene$184K Jefferson$181K Pike$144K Richland$89K Franklin$62K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Jefferson	$181K*	−0.5%†	$970	$78,500
Greene	$184K*	−0.5%†	$980	$91,528
Richland	$89K*	—	$980	$50,160
Pike	$144K*	−0.5%†	$960	$73,125
Franklin	$62K*	—	$970	$39,097

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Jefferson buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Jefferson still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.