Is Johnsburg, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Johnsburg has remained a Seller's Market.
Housing Prices in Johnsburg, IL
How much do homes in Johnsburg, IL cost?
Median Sold Price
$408,500
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Johnsburg was $408,500 in May 2024, up 30.1% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $350K | N/A |
2 Bedrooms | $232.5K | $283.5K | +21.9% |
3 Bedrooms | $314K | $377K | +20.1% |
4 Bedrooms | $405K | $500K | +23.5% |
5+ Bedrooms | $700K | $612K | -12.6% |
Summary: Johnsburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 20.1%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 12.6%.
Median Sold Price Compared To Nearby Cities
Johnsburg | $314K | $408.5K | +30.1% |
McHenry Township | $247.7K | $275K | +11.0% |
McHenry | $250.7K | $273.7K | +9.2% |
McCullom Lake | $189K | $199K | +5.3% |
Housing Supply in Johnsburg, IL
How many homes are available in Johnsburg, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 28 | +21.7% |
Summary: The Johnsburg real estate market had 28 homes for sale in May 2024, a 21.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 5 | 10 | +100.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Johnsburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Johnsburg in May 2024, up by 40.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 57% were sold at asking, and 43% were sold over asking.
Days on Market for Johnsburg, IL
How long does it take to sell a home in Johnsburg, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 133 Days | +1359.8% |
Summary: Homes in Johnsburg had an average of 133 days on market in May 2024, up by 1359.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Johnsburg; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.