Is Jersey County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jersey County has remained a Seller's Market.
Housing Prices in Jersey County, IL
How much do homes in Jersey County, IL cost?
Median Sold Price
$149,500
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jersey County was $149,500 in April 2024, up 9.9% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $50.2K | $47.5K | -5.5% |
2 Bedrooms | $82K | $100K | +22.0% |
3 Bedrooms | $150K | $162K | +8.0% |
4 Bedrooms | $192.5K | $220K | +14.3% |
5+ Bedrooms | $696.2K | $270K | -61.2% |
Summary: Jersey County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 61.2%.
Median Sold Price Compared To Nearby Counties
Greene County | $85K | $95K | +11.8% |
Jersey County | $136K | $149.5K | +9.9% |
Saint Charles County | $319.5K | $336.7K | +5.4% |
Macoupin County | $119.9K | $125.4K | +4.5% |
Calhoun County | $165K | $172K | +4.2% |
Housing Supply in Jersey County, IL
How many homes are available in Jersey County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 42 | -6.7% |
Summary: The Jersey County real estate market had 42 homes for sale in April 2024, a 6.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Jersey County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Jersey County in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 7% were sold at asking, and 33% were sold over asking.
Days on Market for Jersey County, IL
How long does it take to sell a home in Jersey County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 62 Days | +140.5% |
Summary: Homes in Jersey County had an average of 62 days on market in Apr 2024, up by 140.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Jersey County; 27% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.