Jasper County, Indiana Housing Market Prices
Jasper County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 61% above the Indiana median More expensive than 87% of counties in Indiana$229,166
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Median rent 9% below the Indiana median More expensive than 74% of counties in Indiana$962
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Jasper County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $229,166 | $142,738 | $248,835 |
| Price Trend (Annual %) | 33.0% | 7.2% | 7.5% |
| Median Gross Rent | $962 | $1,062 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Jasper County is about 61% higher than in Indiana. Rent is about 9% lower than the Indiana average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Jasper County, up about 33.0% and 3.5% a year respectively. Home prices are changing faster.
Median rent in Jasper County rose about 31.3% between 2015 and 2024, from $733 to $962. Over the same span, rent in Indiana rose about 42.6%.
Affordability
On average, housing unit costs 2.9 yearly household incomes in Jasper County.
Buying the median-priced home in Jasper County costs roughly 19.9 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Jasper County. The price-to-rent ratio in Indiana is about 11.2.
| Metric | Jasper County | Indiana Avg | US Average |
|---|---|---|---|
| Median Home Price | $229,166 | $142,738 | $248,835 |
| Median Household Income | $77,979 | $71,967 | $80,455 |
| Price-to-Income Ratio | 2.9 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Jasper County rose about 73.0%, while median household income rose about 31.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Jasper County | Indiana Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 77.3% | 64.4% | 58.5% |
| Rental Rate | 15.2% | 26.9% | 31.2% |
| Vacancy Rate | 7.5% | 8.8% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Jasper County has a homeownership rate of 77.3%, higher than the Indiana average of 64.4%. Its housing vacancy rate is 7.5%, compared with 8.8% in Indiana.
Housing Stock
| Metric | Jasper County | Indiana Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.45 people | 2.53 people |
| Median Structure Built Year | 1980 | 1975 | 1978 |
| Median Number of Rooms | 6.1 | 5.9 | 5.5 |
The typical housing unit in Jasper County was built around 1980. On average, 2.6 people live in a home with about 6.1 rooms, staying for about 17.0 years on average.
Jasper County, IN Housing Compared With Nearby Counties
How Jasper County, IN compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Jasper County, IN | 33,234 | $229,166 #2/3 | $962 #2/3 | 83.6% #1/3 |
| Pulaski County, IN | 12,441 | $120,075 | $772 | 74.6% |
| Porter County, IN | 174,798 | $279,292 | $1,218 | 77.7% |
Frequently Asked Questions
Common questions about the housing market in Jasper County, Indiana.
What is the median home price in Jasper County, Indiana?
The median home price in Jasper County, Indiana is $229,166, higher than the Indiana average of $142,738.
What is the average home price in Jasper County, Indiana?
The typical home price in Jasper County, Indiana, reported as the median sale price, is $229,166. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Jasper County, Indiana?
The median gross rent in Jasper County, Indiana is $962 per month, lower than the Indiana average of $1,062.
What was the median gross rent in Jasper County in 2020?
In 2020, the median gross rent in Jasper County, Indiana was $785 per month.
What is the price-to-rent ratio in Jasper County, Indiana?
The price-to-rent ratio in Jasper County, Indiana is about 19.9, meaning it would take roughly 19.9 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Jasper County.
Are home prices or rent rising faster in Jasper County, Indiana?
Both home prices and rent are rising in Jasper County, up about 33.0% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Jasper County, Indiana?
77.3% of households in Jasper County, Indiana own their home, higher than the Indiana average of 64.4%.
What is the vacancy rate in Jasper County, Indiana?
The housing vacancy rate in Jasper County, Indiana is 7.5%, lower than the Indiana average of 8.8%.
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