$2,126 Closing Credit*
$179,000
3 Beds
•2 Full Baths
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 December 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
$151,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$25,400(+20.2%)
Key Takeaway
Homes in Jerseyville have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Jerseyville was $151,000 in December 2024, up 20.2% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $43.2K | - | N/A |
| 2 Bedrooms | $87.4K | $96K | +9.7% |
| 3 Bedrooms | $151K | $171.5K | +13.6% |
| 4 Bedrooms | $207K | $243.5K | +17.6% |
| 5+ Bedrooms | $289K | $248.9K | -13.9% |
Summary: Jerseyville 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 increased by 9.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 13.9%.
Median Sold Price Compared To Nearby Cities
| Jerseyville | $125.6K | $151K | +20.2% |
| Jersey Township | $125K | $150K | +20.0% |
Housing Supply in Jerseyville, IL
How many homes are available in Jerseyville, IL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Summary: The Jerseyville real estate market had 37 homes for sale in December 2024, a 7.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 22 | 17 | -22.7% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jerseyville 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 remained the same, 3 bedroom homes decreased by 22.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 12 | 9 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Jerseyville, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Jerseyville in December 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 49 Days | 34 Days | -30.5% |
Summary: Homes in Jerseyville had an average of 34 days on market in Dec 2024, down by 30.5% compared to last year.
Breakdown of Home Sale Times
5 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 December 2024, 9 homes were sold in Jerseyville; 56% of homes were sold within 30 days, 44% 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.