Is Jackson 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, Jackson County has remained a Buyer's Market.
Housing Prices in Jackson County, IL
How much do homes in Jackson County, IL cost?
Median Sold Price
$129,870
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jackson County was $129,870 in April 2024, up 5.6% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $78.7K | $63K | -20.0% |
2 Bedrooms | $66.5K | $71.5K | +7.5% |
3 Bedrooms | $127.2K | $132K | +3.8% |
4 Bedrooms | $206.7K | $171K | -17.3% |
5+ Bedrooms | $341K | $288.8K | -15.3% |
Summary: Jackson County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 17.3%, and 5+ bedroom homes decreased by 15.3%.
Median Sold Price Compared To Nearby Counties
Union County | $120.7K | $131.5K | +8.9% |
Jackson County | $123K | $129.8K | +5.6% |
Randolph County | $130K | $135K | +3.8% |
Perry County | $105K | $98.5K | -6.2% |
Housing Supply in Jackson County, IL
How many homes are available in Jackson County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
202 | 242 | +19.8% |
Summary: The Jackson County real estate market had 242 homes for sale in April 2024, a 19.8% increase 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 | 43 | 51 | +18.6% |
3 Bedrooms | 96 | 120 | +25.0% |
4 Bedrooms | 43 | 54 | +25.6% |
5+ Bedrooms | 20 | 17 | -15.0% |
Summary: The Jackson 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 increased by 18.6%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes decreased by 15%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 29 | +11.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Jackson County in April 2024, up by 11.5% month-over-month. Of the 29 sold homes, 69% were sold under asking, 14% were sold at asking, and 17% were sold over asking.
Days on Market for Jackson County, IL
How long does it take to sell a home in Jackson County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 75 Days | +42.9% |
Summary: Homes in Jackson County had an average of 75 days on market in Apr 2024, up by 42.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in Jackson County; 48% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.