Market Intelligence Report — IL-300

Jacksonville, IL

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

Ref. No: 2026-IL-07
As of the latest 2026 data
Very Competitive

Median Listing

$157K
+12.2% YoY

Pending Ratio

1.14
+15.5% YoY

Active Inventory

35
-28.9% YoY

Median DOM

42 Days
-10.6% YoY

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The market is classified as Very Competitive. The pending ratio stands at 1.14, indicating robust demand absorption relative to available supply. Active listings have contracted by 28.9% year-over-year, exacerbating inventory pressures.

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.

Median listing prices have experienced a significant 12.2% increase year-over-year, despite a 3.4% month-over-month decline in the most recent period. Active listings continue to diminish, with a 28.9% year-over-year reduction, while new listings decreased by 58.3% over the past year. The pending ratio has risen by 15.5% year-over-year, reaching 1.14, signaling sustained buyer engagement.

Historical Analysis

Market Trends

Median Price

$157K-3.4% MoM

Active Inventory

35-28.9% YoY

Days on Market

42-10.6% YoY

Sold Score™

87+15.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

87
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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 and contracting inventory levels suggest that demand is significantly outpacing supply, leading to a rapid pace of absorption. This environment places upward pressure on pricing and limits opportunities for extensive price negotiation. Properties are likely to transact with minimal price concessions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

35 active listings represent the current floor, with new supply arriving at roughly 20 per month.

Pricing Pressure
20.9%

of active listings carry a price reduction, +10.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.2% year-over-year.

Absorption
1.14

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Jacksonville, IL? Homes here are taking 5 days less 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
114%
Median Days on Market
42 days
Inventory YoY
−29%

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