$50,000
2.23 Acres
Land
TROY HORTON, Listing Office: H2 Realty Group
Is Jefferson County, 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, Jefferson County has remained a Seller's Market.
Key Takeaway
Jefferson County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jefferson County, IL
How much do homes in Jefferson County, IL cost?
Median Sold Price
$135,000
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$500(-0.4%)
Key Takeaway
The sold price of homes in Jefferson County has remained the same since last year.
Summary: The median home sold price in Jefferson County was $135,000 in November 2024, down 0.4% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56.1K | - | N/A |
| 2 Bedrooms | $72.5K | $69.1K | -4.8% |
| 3 Bedrooms | $142.5K | $140K | -1.8% |
| 4 Bedrooms | $190K | $222.5K | +17.1% |
| 5+ Bedrooms | $237.5K | $309.5K | +30.3% |
Summary: Jefferson County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 30.3%.
Median Sold Price Compared To Nearby Counties
| Washington County | $140K | $167.3K | +19.6% |
| Hamilton County | $113.7K | $119.2K | +4.8% |
| Franklin County | $89.6K | $90.6K | +1.2% |
| Jefferson County | $135.5K | $135K | -0.4% |
| Marion County | $115.9K | $115K | -0.8% |
Housing Supply in Jefferson County, IL
How many homes are available in Jefferson County, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 93 | +3.3% |
Summary: The Jefferson County real estate market had 93 homes for sale in November 2024, a 3.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 18 | 20 | +11.1% |
| 3 Bedrooms | 54 | 54 | 0.0% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Jefferson County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 16 | -36.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jefferson County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Jefferson County in November 2024, down by 36.0% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 57 Days | +46.8% |
Summary: Homes in Jefferson County had an average of 57 days on market in Nov 2024, up by 46.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jefferson County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Jefferson County; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.