Is Jefferson County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jefferson County has remained a Seller's Market.
Housing Prices in Jefferson County, IL
How much do homes in Jefferson County, IL cost?
Median Sold Price
$140,000
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jefferson County was $140,000 in April 2024, up 12% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $56.5K | $56.1K | -0.7% |
2 Bedrooms | $59.5K | $79K | +32.8% |
3 Bedrooms | $135K | $140K | +3.7% |
4 Bedrooms | $210K | $200.5K | -4.5% |
5+ Bedrooms | $257.5K | $289K | +12.2% |
Summary: Jefferson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 32.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Counties
Washington County | $132K | $150K | +13.6% |
Jefferson County | $125K | $140K | +12.0% |
Marion County | $107.8K | $115.7K | +7.2% |
Franklin County | $89K | $87.5K | -1.7% |
Housing Supply in Jefferson County, IL
How many homes are available in Jefferson County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 104 | +23.8% |
Summary: The Jefferson County real estate market had 104 homes for sale in April 2024, a 23.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 25 | +56.3% |
3 Bedrooms | 44 | 54 | +22.7% |
4 Bedrooms | 20 | 19 | -5.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Jefferson County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 56.3%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 22 | +69.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Jefferson County in April 2024, up by 69.2% month-over-month. Of the 22 sold homes, 68% were sold under asking, 14% were sold at asking, and 18% were sold over asking.
Days on Market for Jefferson County, IL
How long does it take to sell a home in Jefferson County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 32 Days | -31.0% |
Summary: Homes in Jefferson County had an average of 32 days on market in Apr 2024, down by 31% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Jefferson County; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.