Jacksonville, IL Home Values & Market Trends

Real estate market trends reflect that there have been 360 transactions over the past year in Jacksonville. The median value for residential home transactions that occurred over the previous year is $120,878.02. The number of current listings in Jacksonville is 1, and the percentage of properties for sale in the city is 1.00%. Jacksonville, IL currently has 7 properties in foreclosure, 4 bank owned properties, 3 properties headed for auction, and 1 properties for sale.

Jacksonville, IL Real Estate Market Overview

ZipMedian Est. Value
62650

$ 293,328

$ 83/sqft

Housing Market Summary for Jacksonville, IL

Apr 2023March 2024Change
Median Listing Price$200K$103.4K-48.30%
Median Sold Price$100.8K$103.4K2.55%
Homes For Sale33-
Homes Sold185126-31.89%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Jacksonville, IL

Jacksonville home values range from $15,347 to $788,888. The median estimated value of a home in Jacksonville is $120,878.02. The median list price of a home is 2,395,876, and the total count of properties in the city is 6,793.

Foreclosure
There is 1 zips within Jacksonville, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $182,859 in 62650 to the lowest value of $50,663 in 62650. Foreclosure homes account for 0.00% of properties in Jacksonville, IL with 62650 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Jacksonville, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Jacksonville, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Jacksonville, IL ranges from the highest value of $182,859 in 62650 to the lowest value of $53,433 in 62650. Bank owned homes and properties account for 0.06% of properties in Jacksonville, IL. There is 1 zips within Jacksonville, IL; 62650 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    62650 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Jacksonville, IL. Auction homes and other auction properties account for 0.04% of all properties in Jacksonville, IL. There is 1 zips within Jacksonville, IL; of that zips, the median estimated home value for homes going to auction ranges from $136,881 in 62650 to the lowest value of $50,663 in 62650.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.01% of residential properties in Jacksonville, IL with 62650 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Jacksonville, IL; homes for sale in that zips, have a range of median values from $513,561 in 62650 to the lowest value of $73,096 in 62650.
    Sold Homes
    The median value for recently sold homes ranges from $403,303 in 62650 to the lowest price of $17,250 in 62650. There is 1 zips within Jacksonville, IL. 62650 has 292 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.53% of properties in Jacksonville, IL.

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      Guide for Jacksonville, IL

      Fix and Flip
      Jacksonville, FL: Real Estate Market Trends 2023
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Jacksonville, IL

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