$1,330 Closing Credit*
$112,000
1,857 SqFt
3 Beds
•2 Full Baths
Kyle Killebrew, Listing Office: The Real Estate Group, Inc.
Is South Jacksonville No. 1, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Jacksonville No. 1 has remained a Seller's Market.
Key Takeaway
South Jacksonville No. 1 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Jacksonville No. 1, IL
How much do homes in South Jacksonville No. 1, IL cost?
Median Sold Price
$115,250
$84/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,750(-4.8%)
Key Takeaway
Homes in South Jacksonville No. 1 have sold for 4.8% less than they did a year ago.
Summary: The median home sold price in South Jacksonville No. 1 was $115,250 in October 2024, down 4.8% from last year, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $89.9K | $117.2K | +30.4% |
| 3 Bedrooms | $133.5K | $110K | -17.6% |
| 4 Bedrooms | $128.5K | $176K | +37.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: South Jacksonville No. 1 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.4%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 37%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jacksonville | $127.6K | $136.5K | +6.9% |
| South Jacksonville No. 1 | $121K | $115.2K | -4.8% |
| South Jacksonville | $138.5K | $118K | -14.8% |
Housing Supply in South Jacksonville No. 1, IL
How many homes are available in South Jacksonville No. 1, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The South Jacksonville No. 1 real estate market had 3 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Jacksonville No. 1 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Jacksonville No. 1, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South Jacksonville No. 1 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for South Jacksonville No. 1, IL
How long does it take to sell a home in South Jacksonville No. 1, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 21 Days | +162.5% |
Summary: Homes in South Jacksonville No. 1 had an average of 21 days on market in Oct 2024, up by 162.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Jacksonville No. 1 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in South Jacksonville No. 1; 50% of homes were sold within 30 days, 50% 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.