$1,959 Closing Credit*
$165,000
2,000 SqFt
4 Beds
•1 Full Bath
Listing Office: Tarrant And Harman Real Estate
Is Jerseyville, 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, Jerseyville has remained a Seller's Market.
Key Takeaway
Jerseyville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jerseyville, IL
How much do homes in Jerseyville, IL cost?
Median Sold Price
$148,500
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,500(+5.3%)
Key Takeaway
Homes in Jerseyville have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Jerseyville was $148,500 in November 2024, up 5.3% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47.5K | - | N/A |
| 2 Bedrooms | $97.5K | $95K | -2.6% |
| 3 Bedrooms | $155K | $169.5K | +9.4% |
| 4 Bedrooms | $207K | $249K | +20.3% |
| 5+ Bedrooms | $289K | - | N/A |
Summary: Jerseyville 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 2.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jersey Township | $137.5K | $145K | +5.5% |
| Jerseyville | $141K | $148.5K | +5.3% |
Housing Supply in Jerseyville, IL
How many homes are available in Jerseyville, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 41 | -2.4% |
Summary: The Jerseyville real estate market had 41 homes for sale in November 2024, a 2.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jerseyville 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 9.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jerseyville, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Jerseyville in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.
Days on Market for Jerseyville, IL
How long does it take to sell a home in Jerseyville, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 31 Days | -18.9% |
Summary: Homes in Jerseyville had an average of 31 days on market in Nov 2024, down by 18.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jerseyville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Jerseyville; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.