Is Jackson Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jackson Township is a seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Jackson Township, IL cost?

Median Sold Price

$257,500

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$36,500(+16.5%)

Key Takeaway

Homes in Jackson Township have sold for 16.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $185K$188.7K
+2.0%
3 $225K$260K
+15.6%
4 $234K$279K
+19.2%
5+ $272.5K$283.9K
+4.2%

Median Sold Price Compared To Nearby Cities

Jackson Township
+16.5%
Manhattan Township
+6.3%
Manhattan
+5.6%

How many homes are available in Jackson Township, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
2016-20.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 32
-33.3%
3 106
-40.0%
4 55
0.0%
5+ 23
+50.0%

Number of Homes Sold

Nov 2021Dec 2021%
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jackson Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
111 Days17 Days-84.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Jackson Township, IL

Number of homes for sale in Jackson Township, IL real estate market have reached 16. The number of listings in Jackson Township, IL decreased by 20% between November 2021 and December 2021. In December 2021 median list price was $257,500 and the average listing age was 17 days. Real estate listing prices changed between November 2021 and December 2021: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 2% more expensive, 3 bedrooms properties prices increased by 15.6%, prices of 4 bedrooms properties went up by 19.2%, 5 bedrooms properties became 4.2% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes went down by 33.3%, number of 3 bedrooms homes decreased by 40%, number of 4 bedrooms homes remained the same, the quantity of 5 bedrooms homes went up by 50%. While more than 1 listings in Jackson Township, IL in December 2021 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below.

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