Is Johnson County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Johnson County was a Seller's Market.
Key Takeaway
Johnson County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Johnson County, IL
How much do homes in Johnson County, IL cost?
Median Sold Price
$194,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Johnson County have sold for 29.3% more than they did a year ago.
Summary: The median home sold price in Johnson County was $194,000 in April 2024, up 29.3% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.5K | $107.5K | +136.3% |
| 2 Bedrooms | $70K | $144.5K | +106.4% |
| 3 Bedrooms | $151.5K | $203.5K | +34.3% |
| 4 Bedrooms | $196.2K | $192.5K | -1.9% |
| 5+ Bedrooms | $367K | $275K | -25.1% |
Summary: Johnson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 136.3%, 2 bedroom homes increased by 106.4%, 3 bedroom homes increased by 34.3%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 25.1%.
Median Sold Price Compared To Nearby Counties
| Pulaski County | $72K | $120K | +66.7% |
| Johnson County | $150K | $194K | +29.3% |
| Massac County | $78K | $85K | +9.0% |
| Union County | $120.7K | $131.5K | +8.9% |
Housing Supply in Johnson County, IL
How many homes are available in Johnson County, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 47 | -6.0% |
Summary: The Johnson County real estate market had 47 homes for sale in April 2024, a 6.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 31 | 28 | -9.7% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Johnson 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 remained the same, 3 bedroom homes decreased by 9.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 6 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johnson County, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Johnson County in April 2024, down by 57.1% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Johnson County, IL
How long does it take to sell a home in Johnson County, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 80 Days | 86 Days | +7.3% |
Summary: Homes in Johnson County had an average of 86 days on market in Apr 2024, up by 7.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Johnson County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 6 homes were sold in Johnson County; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.