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Housing in Jefferson Township

36 homes sold in Jefferson Township in the last year, at a typical $158K

Redfin reports Jefferson Township’s sales by ZIP code, so these figures are for ZIP 47346, which takes in Jefferson Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Jefferson Township homes are listed.

Homes for sale in Jefferson TownshipZillowRealtor.comMore places to look ↓
Homes sold
36
ZIP 47346 · June 2025 to May 2026
Typical sale price
$158K
median, weighted by sales
Price per square foot
$110
Indiana $148
Paid vs. asking
96.2%
22% sold over asking
For sale now
3
May 2026 · 2 sold that month
What sold · last 12 months · ZIP 47346

Houses are 97% of Jefferson Township’s sales, at a typical $157K

36 homes sold in the year to May 2026.

Houses$157K

typical sale · 35 sold in 12 months

Per square foot
$109IN $148
Days to sell
26
Sold over asking
22%
12 years of sales

About as many homes sell as usual, at 1.5 times the 2016 price

36 sales in the last year, against 56 in 2021 and a low of 23 in 2014. The typical sale went from $105K in 2016 to $158K.

Homes soldTypical sale price
0255075100$50K$100K$150K$200K2014: 23 sold, typical $83K’142015: 35 sold, typical $75K2016: 36 sold, typical $105K’162017: 39 sold, typical $85K2018: 37 sold, typical $116K’182019: 42 sold, typical $112K2020: 42 sold, typical $121K’202021: 56 sold, typical $132K2022: 45 sold, typical $141K’222023: 34 sold, typical $164K2024: 27 sold, typical $171K’242025: 38 sold, typical $168KLast 12 months: 36 sold, typical $158KNow

Source: Redfin Data Center, MLS sales; for ZIP 47346, which takes in Jefferson Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Jefferson Township

Houseat $109 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Jefferson Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Jefferson Township are more common than before the pandemic, but 59% fewer homes come up for sale

We read every month of home sales in ZIP 47346 since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 36 sales.

If you’re buying in Jefferson Township

  • Shop in December. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
  • Offer under asking. Buyers paid 96.2% of the list price on average; 22% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 25 days.
Best time to buy

Fall brings the homes; summer brings the bidding wars

November has the most new listings (about 4 a month), but July is the most competitive: 20% of July sales close over asking. February has the least competition (12%).

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 3 new listings a month, 14% sold over asking, 65 days to sellJFeb: 2 new listings a month, 12% sold over asking, 70 days to sellFMar: 3 new listings a month, 14% sold over asking, 77 days to sellMApr: 3 new listings a month, 14% sold over asking, 87 days to sellAMay: 3 new listings a month, 20% sold over asking, 65 days to sellMJun: 4 new listings a month, 20% sold over asking, 68 days to sellJJul: 4 new listings a month, 20% sold over asking, 66 days to sellJAug: 3 new listings a month, 19% sold over asking, 65 days to sellASep: 3 new listings a month, 17% sold over asking, 65 days to sellSOct: 4 new listings a month, 15% sold over asking, 56 days to sellONov: 4 new listings a month, 16% sold over asking, 59 days to sellNDec: 3 new listings a month, 15% sold over asking, 61 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like Indiana as a whole

Jefferson Township now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price22%6%28%19%
Gone within two weeksShare of homes under contract within 14 days37%8%11%37%
Listings with a price cutShare of homes for sale that cut their price———33%
Price paid vs. askingAverage sale price ÷ list price96.2%94.1%97.8%97.7%
Days to sellMedian days from listing to contract25924335
Supply

5 homes for sale on a typical day

That’s 59% fewer than in 2017–19 and well under 2014’s 17.

2014: 17 for sale’142015: 15 for sale2016: 14 for sale2017: 11 for sale’172018: 12 for sale2019: 10 for sale2020: 8 for sale’202021: 8 for sale2022: 8 for sale2023: 5 for sale’232024: 5 for sale2025: 4 for saleLast 12 months: 5 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 47346, which takes in Jefferson Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Jefferson Township home costs about $933 a month

Mortgage
Property tax
Insurance
Rent

Price: Jefferson Township’s typical sale, last 12 months. Property tax at Jefferson Township’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Jefferson Township is affordable on local pay is on Cost of living.

Before you buy in Jefferson Township

Six things worth knowing

4

New listings in November

The month with the most choice. February has the fewest, about 2.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $158K home, about $1,300 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Jefferson Township, from test results, graduation and how much students grow.

Schools in Jefferson Township
26 min

Typical commute

The average one-way trip to work for people who live in Jefferson Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Hagerstown, New Castle, Richmond, Connersville and Knightstown sell for less a square foot

The busier markets within 25 miles of Jefferson Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Richmond469$131K$10012%41
New Castle229$138K$10124%28
Connersville205$128K$9316%43
Centerville50$176K$12620%39
Jefferson Township (ZIP 47346)36$158K$11022%25
Knightstown32$196K$9722%57
Hagerstown22$130K$9823%42

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Jefferson Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Jefferson Township. People who follow the town see it, and so do people comparing Jefferson Township with their own town. No commission, no listing fee.

Questions about buying a home in Jefferson Township

What do homes sell for in Jefferson Township, IN?

36 homes sold in the year to May 2026 at a typical $158K, $110 a square foot.

Is Jefferson Township a buyer’s or seller’s market?

A seller’s market: 3 homes were for sale in May 2026 and 2 sold, about 1.1 months of supply. Buyers paid 96.2% of asking on average.

When is the best time to buy in Jefferson Township?

November brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Jefferson Township?

About 0.8% of a home’s value a year. On a $158K home that’s near $1,300.

Where can I see homes for sale in Jefferson Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Jefferson Township’s MLS listings; the search links above open each one filtered to Jefferson Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 47346, which takes in Jefferson Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).