Is Johnsburg, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnsburg is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Johnsburg has remained a Seller's Market.

Key Takeaway

Johnsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$94,500(+30.1%)

Key Takeaway

Homes in Johnsburg have sold for 30.1% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$350K
N/A
2 $232.5K$283.5K
+21.9%
3 $314K$377K
+20.1%
4 $405K$500K
+23.5%
5+ $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
+30.1%
McHenry Township
+11.0%
McHenry
+9.2%
McCullom Lake
+5.3%

Housing Supply in Johnsburg, IL

How many homes are available in Johnsburg, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2328+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 510
+100.0%
4 78
+14.3%
5+ 44
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 2024May 2024CHANGE
57+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnsburg, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

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 2023May 2024CHANGE
9 Days133 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Johnsburg, IL

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