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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Jeffersonville, IN Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Jeffersonville, IN Housing Market Trends

With a population of 51,030, 20,411 total housing units (homes and apartments), and a median house value of $245,929, Jeffersonville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Jeffersonville, accounting for 70.83% of the city's housing units. Other types of housing that are prevalent in Jeffersonville include large apartment complexes or high rise apartments ( 13.34%), row houses and other attached homes ( 7.02%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.33%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Jeffersonville. Owner-occupied housing accounts for 70.21% of Jeffersonville's homes, and 62.60% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Jeffersonville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Jeffersonville built between 2000 and later ( 26.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.24%). There's also some housing in Jeffersonville built before 1939 ( 7.69%).

Vacant housing appears to be an issue in Jeffersonville. Fully 10.12% of the housing stock is classified as vacant. Left unchecked, vacant Jeffersonville homes and apartments can be a drag on the real estate market, holding Jeffersonville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Jeffersonville Home Appreciation Rates

Appreciation rates for homes in Jeffersonville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.22%, which ranks in the top 30% nationwide. This equates to an annual average Jeffersonville house appreciation rate of 7.24%.

NeighborhoodScout's data show that during the latest twelve months, Jeffersonville's appreciation rate, at 5.78%, has been at or slightly above the national average. In the latest quarter, Jeffersonville's appreciation rate has been 0.18%, which annualizes to a rate of 0.74%.

Relative to Indiana, our data show that Jeffersonville's latest annual appreciation rate is higher than 80% of the other cities and towns in Indiana.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Jeffersonville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Jeffersonville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Jeffersonville real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$245,929

Jeffersonville, IN Home Prices
> $1,371,000
$1,028,001 - $1,371,000
$685,001 - $1,028,000
$548,001 - $685,000
$411,001 - $548,000
$274,001 - $411,000
$137,001 - $274,000
$68,001 - $137,000
$0 - $68,000
0.7%
0.7%
0.7%
0.7%
1.9%
1.9%
2.7%
2.7%
8.7%
8.7%
26.4%
26.4%
46.1%
46.1%
8.1%
8.1%
4.6%
4.6%
0% 100.0%
% of Homes
High

for Indiana

Average

for nation

Number of Homes And Apartments:

20,411

Jeffersonville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,710 / per month

Homeownership Rate

Owners
Renters
70.2%
70.2%
29.8%
29.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
10.1%
10.1%
89.9%
89.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
27.0%
27.0%
39.1%
39.1%
26.2%
26.2%
7.7%
7.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.8%
70.8%
7.0%
7.0%
6.3%
6.3%
13.3%
13.3%
2.5%
2.5%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.6%
0.6%
7.4%
7.4%
26.2%
26.2%
50.2%
50.2%
12.4%
12.4%
3.2%
3.2%
0% 100.0%
% of Homes