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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Johnson County was a Seller's Market.

Key Takeaway

Johnson County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Johnson County, IL

How much do homes in Johnson County, IL cost?

Median Sold Price

$210,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,050(+13.5%)

Key Takeaway

Homes in Johnson County have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Johnson County was $210,000 in November 2024, up 13.5% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $123.7K$157.5K
+27.3%
2 $81.7K$130K
+59.0%
3 $174.9K$220K
+25.8%
4 $275K$282K
+2.5%
5+ $300K$197.5K
-34.2%

Summary: Johnson County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 59%, 3 bedroom homes increased by 25.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 34.2%.

Median Sold Price Compared To Nearby Counties

Massac County
+22.4%
Johnson County
+13.5%
Union County
-5.8%

Housing Supply in Johnson County, IL

How many homes are available in Johnson County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4540-11.1%

Summary: The Johnson County real estate market had 40 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1010
0.0%
3 2319
-17.4%
4 67
+16.7%
5+ 43
-25.0%

Summary: The Johnson County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 17.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Johnson County in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% 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

Nov 2023Nov 2024CHANGE
54 Days46 Days-15.1%

Summary: Homes in Johnson County had an average of 46 days on market in Nov 2024, down by 15.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 6 homes were sold in Johnson County; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 24 Days Ago

Newest Listings in Johnson County, IL

Nearby Markets to Johnson County, IL

What housing markets are near Johnson County, IL?