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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Johnson County, IL

How much do homes in Johnson County, IL cost?

Median Sold Price

$214,500

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$34,600(+19.2%)

Key Takeaway

Homes in Johnson County have sold for 19.2% more than they did a year ago.

Summary: The median home sold price in Johnson County was $214,500 in October 2024, up 19.2% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $123.7K$150K
+21.3%
2 $77K$130K
+68.8%
3 $174.9K$225.7K
+29.1%
4 $215K$285.5K
+32.8%
5+ $287.5K$197.5K
-31.3%

Summary: Johnson County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.3%, 2 bedroom homes increased by 68.8%, 3 bedroom homes increased by 29.1%, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes decreased by 31.3%.

Median Sold Price Compared To Nearby Counties

Pulaski County
+127.2%
Massac County
+36.4%
Johnson County
+19.2%
Union County
-3.0%

Housing Supply in Johnson County, IL

How many homes are available in Johnson County, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4852+8.3%

Summary: The Johnson County real estate market had 52 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1012
+20.0%
3 2426
+8.3%
4 97
-22.2%
5+ 45
+25.0%

Summary: The Johnson County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnson County, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Johnson County in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.

Days on Market for Johnson County, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
70 Days60 Days-14.1%

Summary: Homes in Johnson County had an average of 60 days on market in Oct 2024, down by 14.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Johnson County has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Johnson County; 22% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 11% 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 23 Days Ago

Newest Listings in Johnson County, IL

Nearby Markets to Johnson County, IL

What housing markets are near Johnson County, IL?