Market Intelligence Report — IL-300

Jacksonville, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-09
As of the latest 2026 data
Very Competitive

Median Listing

$153K
-9.8% YoY

Pending Ratio

0.90
+13.9% YoY

Active Inventory

49
-15.5% YoY

Median DOM

38 Days
+11.9% YoY

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The Jacksonville, IL market is currently Very Competitive, driven by a pending ratio of 0.90, reflecting robust demand absorption. Active listings have contracted by 15.5% over the past year, contributing to significant supply pressure.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Jacksonville market right now.

Current data indicate a notable contraction in available inventory, with active listings declining by 15.5% year-over-year and new listings experiencing a 30.4% reduction. Despite an increase in median days on market by 11.9% over the past year, the median listing price has demonstrated a 3.5% month-over-month increase, even as it remains down 9.8% year-over-year. The pending ratio has surged by 13.9% year-over-year, underscoring escalating buyer activity.

Historical Analysis

Market Trends

Median Price

$153K+3.5% MoM

Active Inventory

49-15.5% YoY

Days on Market

38+11.9% YoY

Sold Score™

86+13.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

86
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio of 0.90 suggests that properties are being absorbed at a rapid pace, limiting buyer choice. The notable decline in active listings intensifies inventory pressure, allowing for less flexible price negotiations and potentially quicker transaction timelines. Buyers seeking to secure properties may need to act with greater urgency.

Luxury Segment

The average listing price is $183,825, while the median is $153,250, resulting in an average-to-median spread of 20%. The average price decline of 5.9% year-over-year, contrasting with a 10.6% increase in median $/sqft, indicates some softening at the higher price tiers.

Supply Dynamics

49 active listings represent the current floor, with new supply arriving at roughly 32 per month.

Pricing Pressure
15.5%

of active listings carry a price reduction, -3.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +10.6% year-over-year.

Absorption
0.90

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Jacksonville, IL? Homes here are taking 4 days longer to sell than last year.

Demand in Jacksonville, IL is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
90%
Median Days on Market
38 days
Inventory YoY
−16%

Demand is strong in Jacksonville, IL. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Jacksonville, IL
CBSA Code
27300
State
IL