Is Jersey County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Jersey County has remained a Seller's Market.
Housing Prices in Jersey County, IL
How much do homes in Jersey County, IL cost?
Median Sold Price
$145,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jersey County was $145,000 in March 2024, up 8.7% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $45.2K | -17.7% |
2 Bedrooms | $80.5K | $100K | +24.2% |
3 Bedrooms | $146K | $158K | +8.2% |
4 Bedrooms | $196.2K | $215K | +9.6% |
5+ Bedrooms | $219K | $245K | +11.9% |
Summary: Jersey County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.7%, 2 bedroom homes increased by 24.2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Counties
Greene County | $85K | $95K | +11.8% |
Jersey County | $133.3K | $145K | +8.7% |
Saint Charles County | $317.9K | $335.7K | +5.6% |
Macoupin County | $122.1K | $123.9K | +1.5% |
Housing Supply in Jersey County, IL
How many homes are available in Jersey County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 48 | +9.1% |
Summary: The Jersey County real estate market had 48 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 16 | +23.1% |
3 Bedrooms | 23 | 20 | -13.0% |
4 Bedrooms | 6 | 10 | +66.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Jersey County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.1%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Jersey County in March 2024, down by 7.7% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for Jersey County, IL
How long does it take to sell a home in Jersey County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
105 Days | 25 Days | -75.6% |
Summary: Homes in Jersey County had an average of 25 days on market in Mar 2024, down by 75.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Jersey County; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.