The story of this market
The typical home in Jasper, Indiana sells for about $265,000, or $138 per square foot.
Prices are up +8.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Jasper, Indiana
Jasper's housing market shows resilience with a median sale price of $265,000 and a year-over-year price increase of 8.2%. While sales volume has slowed, the market remains competitive for buyers, driven by steady local demand and a stable economic base. Rental data is currently unavailable, and inventory levels remain modest.
No ARED county foreclosure postings attributed to Jasper yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports of 4 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 3.0% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A scenic trail system along the Patoka River that provides residents with walking and biking opportunities, enhancing the city's quality of life.
A historic architectural landmark in the heart of the city that serves as a focal point for the downtown area and local civic life.
Jasper is well-suited for families and long-term residents seeking a stable, community-oriented environment with a strong local economy, while also offering opportunities for investors looking for steady, mid-range rental demand.
Jasper schools are generally well-regarded within the region, with the city served by the Greater Jasper Consolidated Schools district, which maintains a strong focus on academic performance and extracurricular engagement.
The city is primarily served by state highway corridors, facilitating regional connectivity, though public transit options remain limited, making personal vehicle ownership the primary mode of commuting.
Jasper offers a robust amenity base including the Jasper Riverwalk, various city parks, and the historic downtown district, which provides residents with accessible outdoor recreation and local shopping.
The rental market in Jasper is characterized by limited inventory and steady demand, with a significant portion of the housing stock being owner-occupied, which keeps vacancy pressure relatively low.
Jasper's economy is anchored by a strong manufacturing sector, particularly in furniture and automotive components, which provides a stable employment base for the city and surrounding region.
Jasper serves as a regional economic hub with a diverse industrial base, including significant manufacturing and furniture production sectors that drive local employment and infrastructure investment.
Development activity in Jasper is focused on maintaining its historic character while supporting moderate residential and commercial growth in established neighborhoods and designated expansion areas.
Parcels in Jasper are subject to standard municipal and county taxing districts, with no specialized MUD or PID structures commonly reported in the city's residential areas.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Data retrieved from local census profiles and regional MLS reports.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.