Rush County Real Estate Market Extends Upward Trend in Home Prices

Over the last 30 days, the Rush County market showed gains with 11 homes sold. It marks a 22.2% increase from last week's report, while also topping the average sales volume for the prior 12 months. To put it in perspective, close-by Madison County registered 136 home sales in the same period, the most of all surrounding counties. The median sales price continued to rise, trending upwards for four weeks to reach $80,000. Even with rising prices, a high eight months of inventory remaining tells us that Rush County is still a definite buyer's market.

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Demographic facts for Rush County:

  • The median value of all homes is $103,200.
  • The area gets an average of 119 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 8.8%.
  • The students per teacher ratio in this area is 16.5:1. (15.3:1 = national average)

Data reported through 10/12/2016

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