Foreclosure Homes in Jacksonville, IL 62650

Buyer vs Seller Market in Jacksonville, IL

The real estate market in Jacksonville has shown consistent growth over the past year, with an increase in demand for both single-family homes and rental properties. The stability of the job market and the city's affordable living costs have attracted new residents to the area.

Current market trends indicate a healthy balance of buyers and sellers, with an increase in home renovations and improvements being made by current homeowners. This revitalization in existing properties is contributing to the overall appeal of the housing market.

Jacksonville's real estate market is characterized by a mix of modestly priced homes, making it accessible to first-time buyers and retirees looking to downsize.

Rent Prices In Jacksonville, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jacksonville, IL, is on a rollercoaster ride. The average rent price in Jacksonville, IL, is $1,118.00. Indeed, when looking to rent in Jacksonville, IL, you can expect to pay as little as $510.00 or as much as $2,220.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Jacksonville, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.