Is Johnsburg, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnsburg is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Johnsburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Johnsburg, IL

How much do homes in Johnsburg, IL cost?

Median Sold Price

$380,000

$186/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$500(+0.1%)

Key Takeaway

The sold price of homes in Johnsburg has remained the same since last year.

Summary: The median home sold price in Johnsburg was $380,000 in November 2024, up 0.1% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $350K-
N/A
2 $251K$345.5K
+37.7%
3 $350K$375K
+7.1%
4 $424.9K$448.5K
+5.5%
5+ $612K$925K
+51.1%

Summary: Johnsburg 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 increased by 37.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 51.1%.

Median Sold Price Compared To Nearby Cities

McHenry Township
+11.3%
McHenry
+9.7%
Johnsburg
0.1%

Housing Supply in Johnsburg, IL

How many homes are available in Johnsburg, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2220-9.1%

Summary: The Johnsburg real estate market had 20 homes for sale in November 2024, a 9.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 55
0.0%
4 87
-12.5%
5+ 44
0.0%

Summary: The Johnsburg 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 decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnsburg, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Johnsburg in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for Johnsburg, IL

How long does it take to sell a home in Johnsburg, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days69 Days+281.7%

Summary: Homes in Johnsburg had an average of 69 days on market in Nov 2024, up by 281.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Johnsburg; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

Newest Listings in Johnsburg, IL

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