2024 Aspire Community Snapshot Booklet WebLinks - Flipbook - Page 10
FEEL AT HOME
A local economy is only as strong as its housing stock. Johnson County’s high rate of home ownership is
foundational to maintaining a strong and stable workforce. The area’s history of relatively stable housing
markets bucks the trend of the national shortage in housing and offers affordable living just south of
Indianapolis. The region has a plentiful supply of single-family homes but is also focusing on increasing
more diverse housing options for smaller families, young professionals and retirees looking to downsize.
73.35%
SINGLE FAMILY HOMES
As of October 2023, the median sold price
for a single-family home in Johnson County
was $300,000.
Source: BAGI
MEDIAN SOLD PRICE
25.65%
OWNERS
RENTERS
• September 2023 – $300,000
• September 2022 – $315,000
• September 2021 – $280,000
• September 2020 – $240,000
Source: MIBOR
MEDIAN SOLD PRICE BY CITY
• Nashville, TN – $413,000
• Denver, CO – $673,000
• Detroit, MI – $266,000
• Kansas City, MO – $320,000
• Austin, TX – $486,000
Source: National Association of Realtors
NEW SINGLE
FAMILY
DWELLINGS –
2023
MULTI-FAMILY
DWELLINGS –
AVERAGE RENT
• One bedroom – $1,266
• Two bedroom – $1,444
• Three bedroom – $1,771
• Greenwood – 74
• Franklin – 89
• Bargersville – 75
• Whiteland – 26
Source: Apartments.com
Source: BAGI
MERRILLPROPERTYGROUP.COM
INFO@MERRILLPROPERTYGROUP.COM
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