$984 Closing Credit*
$82,900
2,120 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kerris Osborn, Listing Office: The Real Estate Group, Inc.
Is Jacksonville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Jacksonville has remained a Seller's Market.
Key Takeaway
Jacksonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jacksonville, IL
How much do homes in Jacksonville, IL cost?
Median Sold Price
$137,000
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,000(+6.2%)
Key Takeaway
Homes in Jacksonville have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Jacksonville was $137,000 in November 2024, up 6.2% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.7K | $61.7K | +35.0% |
| 2 Bedrooms | $94K | $90.9K | -3.2% |
| 3 Bedrooms | $144.9K | $152K | +4.8% |
| 4 Bedrooms | $227.5K | $198K | -13.0% |
| 5+ Bedrooms | $284.9K | $215K | -24.5% |
Summary: Jacksonville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 35%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes decreased by 24.5%.
Housing Supply in Jacksonville, IL
How many homes are available in Jacksonville, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 68 | 67 | -1.5% |
Summary: The Jacksonville real estate market had 67 homes for sale in November 2024, a 1.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 25 | 23 | -8.0% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Jacksonville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jacksonville, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Jacksonville in November 2024, up by 11.1% month-over-month. Of the 20 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Jacksonville, IL
How long does it take to sell a home in Jacksonville, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 102 Days | +360.1% |
Summary: Homes in Jacksonville had an average of 102 days on market in Nov 2024, up by 360.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jacksonville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Jacksonville; 45% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.