Is Jasper County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jasper County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Jasper County has remained a Seller's Market.

Key Takeaway

Jasper County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Jasper County, IL

How much do homes in Jasper County, IL cost?

Median Sold Price

$110,000

$73/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,000(+0.9%)

Key Takeaway

Homes in Jasper County have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Jasper County was $110,000 in November 2024, up 0.9% from last year, and the median price per square foot was $73.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $43K$52.5K
+22.1%
2 $69K$93.5K
+35.4%
3 $122K$125K
+2.5%
4 $109K$142.4K
+30.7%
5+ -$365K
N/A

Summary: Jasper County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.1%, 2 bedroom homes increased by 35.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Effingham County
+3.1%
Cumberland County
+1.6%
Jasper County
+0.9%
Crawford County
-9.5%
Richland County
-16.5%

Housing Supply in Jasper County, IL

How many homes are available in Jasper County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2318-21.7%

Summary: The Jasper County real estate market had 18 homes for sale in November 2024, a 21.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 87
-12.5%
4 53
-40.0%
5+ 33
0.0%

Summary: The Jasper County 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 decreased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jasper County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Jasper County in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Jasper County, IL

How long does it take to sell a home in Jasper County, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days97 Days+194.9%

Summary: Homes in Jasper County had an average of 97 days on market in Nov 2024, up by 194.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Jasper County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Jasper County; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 Jasper County, IL

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