Jasper, IN—47546
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Jasper, IN
As of Oct '25, the median home price in Jasper, IN is $257,000, with a year-over-year change of 5.0%. This indicates that home prices in Jasper, IN are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $257,000 | 5.0% |
| Single Family | $258,000 | 5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $170,000 | 7.6% |
3 Bed | $259,000 | 5.7% |
4 Bed | $334,000 | 4.4% |
| 5 Bed | $405,000 | 3.8% |
% of Housing Stock
Rental Trends — Jasper, IN
As of July '25, Rentcast reports the average rent in Jasper, IN is $1,180, with a year-over-year rent change of 67.6%. Per bedroom, the median rent as of July '25 in Jasper, IN is 2-bedrooms: $850, 4-bedrooms: $1,500. The most common rental property sizes in Jasper, IN are 2-bedroom and 1-bedroom, accounting for 43.1% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $1,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $850 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,500 | $1,500 |
% of Rental Stock
Property Listings — Jasper, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Jasper, IN is 57. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | 11.0% |
Listing Count | 53 | -30.0% |
| Listings as % of Homes | 0.2% | -30.0% |
Days on Market | 57 | -20.0% |
Demographics — Jasper, IN
As of the latest ACS Survey released in 2023, Jasper, IN has a population of 22,400, which has increased by 5.9% over the past 5 years. Jasper, IN is a moderately popular place for families, as children make up 23.3% of the population. The area has a moderately educated workforce, with 26.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,400 | 5.9% |
% Under 18 | 23.3% | -3.7% |
% Seniors | 18.9% | 9.9% |
% WFH | 5.0% | 16.3% |
% w/ College Degree | 26.1% | 0.0% |
As of the latest ACS Survey released in 2023, Jasper, IN is a predominantly white area, with 90.1% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Jasper, IN is hispanic, making up 6.2% of the population. Foreign-born residents account for 4.7% of the population in Jasper, IN, and this percentage has increased by 30.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.1% | -3.4% |
% Black | 0.5% | -16.7% |
% Hispanic | 6.2% | 24.0% |
% Asian | 1.2% | 1,100.0% |
% Foreign Born | 4.7% | 30.6% |
Mortgage and Risk — Jasper, IN
According to HUD data as of 2023, there were 366 mortgage originations in Jasper, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Jasper, IN. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 366 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Jasper, IN
Jasper, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 167 |
Total Units Section 8 | 143 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | $90 | $850 | $940 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | $80 | $1,500 | $1,580 |
Affordability — Jasper, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $257,000 |
| Median Household Income | $67,800 |