Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$159,102+1.8% YoY · prices are rising
Market right nowSeller's marketFewer homes for sale than last year, 18% have cut their price
Income needed to buy, per year$34,490About 0.6× the local median income ($58,963): affordable for a typical household
Days on market36 daysFaster than a year ago: sellers have the edge
The typical home in Jay County, IN is worth $159,102, up 1.8% from a year ago. That is well above what local incomes have historically supported: fair value is about $131,791, so the area is 20.7% overvalued. It is a seller's market: homes take about 36 days to sell, listings are down 14% from a year ago, 18% of listings have had a price cut. A household needs about $34,490 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,963. In the latest IRS figures, 73 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$159,102
Change in 1 year
+1.8%
Overvalued %
+20.7%
Show 6 more
Fair home value
$131,791
Change in 5 years
+28.8%
Home value to income
2.7×
Monthly mortgage payment (20% down)
$862
Income needed to afford it
$34,490
Property tax rate
0.60%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,014
Market activity
Listings vs a year ago
−13.5%
Days on market
36
Listings with a price cut
18.2%
Show 3 more
Homes for sale
32
Pending sales per 100 listings
91
Asking price per sq ft
$96
People and jobs
Median household income
$58,963
Population change (1 year)
−0.7%
Unemployment rate
4.4%
Show 4 more
Population
20,118
Income adjusted for cost of living
$66,475
Net moves in (IRS)
−73
Cost of living (US = 100)
88.7
Schools, risk and environment
School rating (1 to 10)
6.8
FEMA hazard risk score (0 to 100)
22.9
Flood risk score
36.8
Show 3 more
Wildfire risk score
5.2
Walkability (1 to 20)
5.1
Road, rail and air noise
53 dB
Questions people ask
Is Jay County, IN overvalued?
Home prices in Jay County, IN are well above what local incomes have historically supported: fair value is about $131,791, so the area is 20.7% overvalued.
Is Jay County, IN a buyer's or seller's market?
Jay County, IN is a seller's market: homes take about 36 days to sell, listings are down 14% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Jay County, IN?
Home values in Jay County, IN are up 1.8% over the last year.
How much do you need to earn to buy a home in Jay County, IN?
A household needs about $34,490 a year to afford the typical home in Jay County, IN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,963.