Market Intelligence Report — IL-300

Jacksonville, IL

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

Ref. No: 2026-IL-08
As of the latest 2026 data
Very Competitive

Median Listing

$148K
-12.7% YoY

Pending Ratio

0.83
-11.6% YoY

Active Inventory

41
-25.4% YoY

Median DOM

44 Days
+1.1% YoY

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The Jacksonville, IL market is currently classified as Very Competitive, with demand strongly outpacing available inventory. The pending ratio stands at 0.83, indicating robust absorption of listings despite a year-over-year decline in this metric.

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.

Active listings have contracted significantly, down 25.4% over the past year, contributing to tighter supply conditions. New listings also declined by 20.0% year-over-year, further exacerbating inventory pressure. Concurrently, the median listing price has observed a year-over-year decrease of 12.7%, even as the median price per square foot has risen by 9.1% over the same period.

Historical Analysis

Market Trends

Median Price

$148K-5.7% MoM

Active Inventory

41-25.4% YoY

Days on Market

44+1.1% YoY

Sold Score™

87-11.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

87
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 high pending ratio of 0.83 suggests that inventory is being absorbed rapidly, placing significant pressure on remaining supply. This environment typically necessitates prompt decisions from prospective purchasers, limiting opportunities for price negotiation. The pace of transactions is elevated, reflecting intense competition for available properties.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

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

Pricing Pressure
12.0%

of active listings carry a price reduction, -7.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +9.1% year-over-year.

Absorption
0.83

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Jacksonville, IL? Inventory is down 25% from 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
83%
Median Days on Market
44 days
Inventory YoY
−25%

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