Is Jerseyville, 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, Jerseyville has remained a Seller's Market.
Housing Prices in Jerseyville, IL
How much do homes in Jerseyville, IL cost?
Median Sold Price
$135,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Jerseyville was $135,000 in April 2024, up 6.3% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45.5K | $43.2K | -4.9% |
2 Bedrooms | $80.2K | $100K | +24.6% |
3 Bedrooms | $152.2K | $150K | -1.5% |
4 Bedrooms | $186.2K | $215K | +15.5% |
5+ Bedrooms | - | $289K | N/A |
Summary: Jerseyville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 24.6%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Jerseyville | $127K | $135K | +6.3% |
Jersey Township | $128.5K | $133K | +3.5% |
Housing Supply in Jerseyville, IL
How many homes are available in Jerseyville, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 27 | -6.9% |
Summary: The Jerseyville real estate market had 27 homes for sale in April 2024, a 6.9% decrease 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 | 12 | 11 | -8.3% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jerseyville 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 decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Jerseyville in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% were sold over asking.
Days on Market for Jerseyville, IL
How long does it take to sell a home in Jerseyville, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 43 Days | +60.0% |
Summary: Homes in Jerseyville had an average of 43 days on market in Apr 2024, up by 60% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Jerseyville; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.