Is Jo Daviess County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Jo Daviess County was a Seller's Market.
Housing Prices in Jo Daviess County, IL
How much do homes in Jo Daviess County, IL cost?
Median Sold Price
$240,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Jo Daviess County was $240,000 in March 2024, down 4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $447.5K | +123.8% |
2 Bedrooms | $198.5K | $210K | +5.8% |
3 Bedrooms | $235K | $283K | +20.4% |
4 Bedrooms | $407.5K | $501.9K | +23.2% |
5+ Bedrooms | $548K | $572.5K | +4.5% |
Summary: Jo Daviess County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 123.8%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 20.4%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Counties
Carroll County | $118K | $124.9K | +5.9% |
Jo Daviess County | $250K | $240K | -4.0% |
Stephenson County | $130.7K | $120K | -8.2% |
Housing Supply in Jo Daviess County, IL
How many homes are available in Jo Daviess County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 33 | +17.9% |
Summary: The Jo Daviess County real estate market had 33 homes for sale in March 2024, a 17.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Jo Daviess County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Jo Daviess County in March 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Jo Daviess County, IL
How long does it take to sell a home in Jo Daviess County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 87 Days | +35.9% |
Summary: Homes in Jo Daviess County had an average of 87 days on market in Mar 2024, up by 35.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Jo Daviess County; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.