Is Jacksonville No. 13, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jacksonville No. 13 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Jacksonville No. 13 has remained a Seller's Market.

Key Takeaway

Jacksonville No. 13 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jacksonville No. 13, IL

How much do homes in Jacksonville No. 13, IL cost?

Median Sold Price

$175,750

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$39,250(-18.3%)

Key Takeaway

Homes in Jacksonville No. 13 have sold for 18.3% less than they did a year ago.

Summary: The median home sold price in Jacksonville No. 13 was $175,750 in October 2024, down 18.3% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $170K$137.4K
-19.1%
3 $202K$171.2K
-15.2%
4 $246.5K$274.4K
+11.3%
5+ $560K-
N/A

Summary: Jacksonville No. 13 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.1%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jacksonville No. 12
+15.3%
Jacksonville
+6.9%
Jacksonville No. 13
-18.3%

Housing Supply in Jacksonville No. 13, IL

How many homes are available in Jacksonville No. 13, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
73-57.1%

Summary: The Jacksonville No. 13 real estate market had 3 homes for sale in October 2024, a 57.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 42
-50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Jacksonville No. 13 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jacksonville No. 13, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Jacksonville No. 13 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Jacksonville No. 13, IL

How long does it take to sell a home in Jacksonville No. 13, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days1 Days-96.6%

Summary: Homes in Jacksonville No. 13 had an average of 1 days on market in Oct 2024, down by 96.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jacksonville No. 13 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Jacksonville No. 13; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

Newest Listings in Jacksonville No. 13, IL

Nearby Markets to Jacksonville No. 13, IL

What housing markets are near Jacksonville No. 13, IL?