Is Johnsburg, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnsburg is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Johnsburg was a Neutral Market.

Key Takeaway

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

Housing Prices in Johnsburg, IL

How much do homes in Johnsburg, IL cost?

Median Sold Price

$413,500

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$113,500(+37.8%)

Key Takeaway

Homes in Johnsburg have sold for 37.8% more than they did a year ago.

Summary: The median home sold price in Johnsburg was $413,500 in February 2024, up 37.8% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$350K
N/A
2 $235K$279.2K
+18.8%
3 $304.5K$396.5K
+30.2%
4 $382.5K$480K
+25.5%
5+ $530K$801K
+51.1%

Summary: Johnsburg housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 51.1%.

Median Sold Price Compared To Nearby Cities

Johnsburg
+37.8%
McHenry Township
+8.0%
McHenry
+5.7%

Housing Supply in Johnsburg, IL

How many homes are available in Johnsburg, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
16160.0%

Summary: The Johnsburg real estate market had 16 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 56
+20.0%
4 87
-12.5%
5+ 01
+100.0%

Summary: The Johnsburg housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 3 homes were sold or pending in Johnsburg in February 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Johnsburg, IL

How long does it take to sell a home in Johnsburg, IL?

Average Sale Time

Feb 2023Feb 2024CHANGE
106 Days72 Days-32.3%

Summary: Homes in Johnsburg had an average of 72 days on market in Feb 2024, down by 32.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Johnsburg has remained consistent over time.

Summary: During February 2024, 3 homes were sold in Johnsburg; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Johnsburg, IL

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