Homes for Sale in Jeffersonville, IN: What You Need to Know
If you are thinking about relocating to Jeffersonville, IN, it’s important to familiarize yourself with the local living expenses. The cost of living in Jeffersonville is 5% below the national average, thanks to more affordable housing, utilities, and food. Below we have listed the average prices for life's essentials.
Median Home Price: $112,700
Energy Bill: $157.10 per month
Phone Bill: $167.46 per month
Gas: $2.56 per gallon
Food & Groceries: 2% lower than the national average
Healthcare: 4% higher than the national average
Sales Tax: 7%
Jeffersonville Real Estate: Housing Availability
Jeffersonville's median home price is approximately $80,000 lower than the U.S. average. Single-family detached houses make up 70% of housing, followed by apartments (20.8%) and townhomes (6.8%). There is an above-average amount of vacant housing in Jeffersonville, and home appreciation rates are below the national average: 5.1% for the past year, 27.7% for the past five years, and 24.2% for the past decade. While 68% of locals own their homes, 32% rent.
Things to Do in Jeffersonville
Jeffersonville has no shortage of fun things to do. The Old Jeffersonville Historic District dates back to the mid-1800s and offers many well-preserved buildings and landmarks to discover. To get the most out of the city's location on the Ohio River, take a walk along the beautiful Ohio River Greenway, take in the stunning sights at the Jeffersonville Overlook and Terrace, or pop over to Louisville across the famous Big Four Bridge. For a day of family fun with water, hiking, and skating, visit Jeffersonville Aquatic Park on Middle Road.
Shopping in the City
There are plenty of convenient shopping options in Jeffersonville. The Jeffersonville Town Center on Veterans Parkway and Jeffersonville Plaza on East Tenth Street are two popular malls. Both are home to many national retailers, dining options, and services. Jefferson Plaza is great for bargain hunting, thanks to stores like Family Dollar and the Plaza's flea markets. For grocery shopping, there are large chains like Walmart, Kroger, and Aldi, discount stores like Save a Lot, and numerous independent local shops.
The Local Population
Jeffersonville has a population of 48,290 on a land area of 34 square miles. This equals an average population density of 1,416 people per square mile. The median age in Jeffersonville is 38.2, and the five largest ethnic groups are White (75%), Black or African American (14%), Hispanic or Latino (5.2%), mixed-race (4.5%), and Asian (1%). For every 52 women, there are 48 men. 22.5% of the population holds a bachelor's degree or higher. The average household has 2.5 members and an income of $69,084. Jeffersonville's poverty rate is 10.03%.