Is Johnston City, 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, Johnston City was a Seller's Market.
Key Takeaway
Johnston City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Johnston City, IL
How much do homes in Johnston City, IL cost?
Median Sold Price
$80,000
$60/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Johnston City has remained the same since last year.
Summary: The median home sold price in Johnston City was $80,000 in March 2024, up 0.1% from last year, and the median price per square foot was $60.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $25K | N/A |
| 2 Bedrooms | $57.5K | $66K | +14.8% |
| 3 Bedrooms | $95K | $85K | -10.5% |
| 4 Bedrooms | $110K | $235K | +113.6% |
| 5+ Bedrooms | $46K | $53K | +15.2% |
Summary: Johnston City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.8%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 113.6%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Cities
| Lake Creek | $95K | $117K | +23.2% |
| Johnston City | $79.9K | $80K | 0.1% |
Housing Supply in Johnston City, IL
How many homes are available in Johnston City, IL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Summary: The Johnston City real estate market had 16 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Johnston City 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johnston City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Johnston City in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Johnston City, IL
How long does it take to sell a home in Johnston City, IL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 139 Days | +363.3% |
Summary: Homes in Johnston City had an average of 139 days on market in Mar 2024, up by 363.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Johnston City has remained consistent over time.
Summary: During March 2024, 2 homes were sold in Johnston City; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.