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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jo Daviess County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Jo Daviess County, IL

How much do homes in Jo Daviess County, IL cost?

Median Sold Price

$267,500

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,600(+7.0%)

Key Takeaway

Homes in Jo Daviess County have sold for 7% more than they did a year ago.

Summary: The median home sold price in Jo Daviess County was $267,500 in November 2024, up 7% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $228K$148K
-35.1%
2 $210K$220K
+4.8%
3 $244K$268.5K
+10.0%
4 $455K$378.9K
-16.7%
5+ $572.5K$550K
-3.9%

Summary: Jo Daviess County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.1%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Counties

Carroll County
+13.9%
Stephenson County
+11.9%
Jo Daviess County
+7.0%

Housing Supply in Jo Daviess County, IL

How many homes are available in Jo Daviess County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4944-10.2%

Summary: The Jo Daviess County real estate market had 44 homes for sale in November 2024, a 10.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 106
-40.0%
3 1819
+5.6%
4 1010
0.0%
5+ 76
-14.3%

Summary: The Jo Daviess County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
880.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jo Daviess County, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Jo Daviess County in November 2024, the same as the previous month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.

Days on Market for Jo Daviess County, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days24 Days-1.1%

Summary: Homes in Jo Daviess County had an average of 24 days on market in Nov 2024, down by 1.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Jo Daviess County; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Jo Daviess County, IL

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