Is Johnson County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Johnson County has remained a Neutral Market.
Key Takeaway
Johnson County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Johnson County, IL
How much do homes in Johnson County, IL cost?
Median Sold Price
$191,500
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Johnson County have sold for 25.2% more than they did a year ago.
Summary: The median home sold price in Johnson County was $191,500 in May 2024, up 25.2% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.5K | $107.5K | +136.3% |
| 2 Bedrooms | $70K | $170K | +142.9% |
| 3 Bedrooms | $155K | $204.5K | +31.9% |
| 4 Bedrooms | $202.5K | $176.5K | -12.8% |
| 5+ Bedrooms | $275K | $254.7K | -7.3% |
Summary: Johnson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 136.3%, 2 bedroom homes increased by 142.9%, 3 bedroom homes increased by 31.9%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 7.3%.
Median Sold Price Compared To Nearby Counties
| Pulaski County | $75.9K | $117.5K | +54.7% |
| Johnson County | $153K | $191.5K | +25.2% |
| Massac County | $76.3K | $91K | +19.3% |
| Union County | $120K | $128.2K | +6.9% |
Housing Supply in Johnson County, IL
How many homes are available in Johnson County, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 54 | +17.4% |
Summary: The Johnson County real estate market had 54 homes for sale in May 2024, a 17.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 27 | 31 | +14.8% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Johnson County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Johnson County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Johnson County in May 2024, up by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Johnson County, IL
How long does it take to sell a home in Johnson County, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 84 Days | 96 Days | +14.1% |
Summary: Homes in Johnson County had an average of 96 days on market in May 2024, up by 14.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Johnson County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 8 homes were sold in Johnson County; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.