$22,500
3.74 Acres
Land
Lisa McKinney, Listing Office: C21 All Pro Real Estate
Is Jefferson County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Jefferson County was a Seller's Market.
Key Takeaway
Jefferson 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 Jefferson County, IL
How much do homes in Jefferson County, IL cost?
Median Sold Price
$135,400
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$400(+0.3%)
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 $135,400 in December 2024, up 0.3% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56.1K | - | N/A |
| 2 Bedrooms | $75K | $65K | -13.3% |
| 3 Bedrooms | $142K | $145K | +2.1% |
| 4 Bedrooms | $190K | $225K | +18.4% |
| 5+ Bedrooms | $237.5K | $289K | +21.7% |
Summary: Jefferson County housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 21.7%.
Median Sold Price Compared To Nearby Counties
| Washington County | $143K | $165K | +15.3% |
| Franklin County | $85.1K | $93K | +9.2% |
| Hamilton County | $115K | $120K | +4.3% |
| Jefferson County | $135K | $135.4K | 0.3% |
| Marion County | $118.5K | $118K | -0.4% |
Housing Supply in Jefferson County, IL
How many homes are available in Jefferson County, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 95 | 99 | +4.2% |
Summary: The Jefferson County real estate market had 99 homes for sale in December 2024, a 4.2% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 56 | 60 | +7.1% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Jefferson County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 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. 43.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Jefferson County in December 2024, down by 5.9% month-over-month. Of the 16 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 27 Days | 32 Days | +17.7% |
Summary: Homes in Jefferson County had an average of 32 days on market in Dec 2024, up by 17.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 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 December 2024, 16 homes were sold in Jefferson County; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.