Is South Jacksonville No. 3, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, South Jacksonville No. 3 has remained a Seller's Market.
Key Takeaway
South Jacksonville No. 3 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Jacksonville No. 3, IL
How much do homes in South Jacksonville No. 3, IL cost?
Median Sold Price
$170,000
$99/sqft
Based on all homes sold in April 2024.
The Median Sold Price hasn't changed since March 2024.
Key Takeaway
The sold price of homes in South Jacksonville No. 3 has remained the same since last month.
Summary: The median home sold price in South Jacksonville No. 3 was $170,000 in April 2024, the same as last month, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $170K | $170K | 0.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: South Jacksonville No. 3 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Jacksonville | $114.9K | $118.5K | +3.1% |
| South Jacksonville No. 3 | $170K | $170K | 0.0% |
Housing Supply in South Jacksonville No. 3, IL
How many homes are available in South Jacksonville No. 3, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The South Jacksonville No. 3 real estate market had 3 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Jacksonville No. 3 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Jacksonville No. 3, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in South Jacksonville No. 3 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for South Jacksonville No. 3, IL
How long does it take to sell a home in South Jacksonville No. 3, IL?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 9 Days | -55.0% |
Summary: Homes in South Jacksonville No. 3 had an average of 9 days on market in Apr 2024, down by 55% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Jacksonville No. 3 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in South Jacksonville No. 3; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
