$1,651 Closing Credit*
$139,000
1,392 SqFt
3 Beds
•2 Full Baths
Lisa Watson, Listing Office: RE/MAX Results Plus
Is South Jacksonville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, South Jacksonville was a Seller's Market.
Key Takeaway
South Jacksonville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Jacksonville, IL
How much do homes in South Jacksonville, IL cost?
Median Sold Price
$123,450
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$13,050(-9.6%)
Key Takeaway
Homes in South Jacksonville have sold for 9.6% less than they did a year ago.
Summary: The median home sold price in South Jacksonville was $123,450 in November 2024, down 9.6% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $92.7K | $105K | +13.3% |
| 3 Bedrooms | $145K | $129.9K | -10.4% |
| 4 Bedrooms | $174K | $176K | +1.1% |
| 5+ Bedrooms | - | $207K | N/A |
Summary: South Jacksonville 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 13.3%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Jacksonville No. 3 | $150K | $147K | -2.0% |
| South Jacksonville | $136.5K | $123.4K | -9.6% |
Housing Supply in South Jacksonville, IL
How many homes are available in South Jacksonville, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The South Jacksonville real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Jacksonville 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Jacksonville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in South Jacksonville in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for South Jacksonville, IL
How long does it take to sell a home in South Jacksonville, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 36 Days | +1100.0% |
Summary: Homes in South Jacksonville had an average of 36 days on market in Nov 2024, up by 1100% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Jacksonville has remained consistent over time.
Summary: During November 2024, 1 homes were sold in South Jacksonville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.