Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$203,810+3.9% YoY · prices are rising fast
Market right nowSeller's marketFewer homes for sale than last year, 16% have cut their price
Income needed to buy, per year$44,182About 0.6× the local median income ($77,236): affordable for a typical household
Days on market50 daysAbout the same pace as a year ago
Next 12 months+2.6%Zillow expects prices to rise slightly
The typical home in Jersey County, IL is worth $203,810, up 3.9% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $201,054, so the area is 1.4% overvalued. It is a seller's market: homes take about 50 days to sell, listings are down 9% from a year ago, 16% of listings have had a price cut. Zillow expects prices to rise about 2.6% over the next year. A household needs about $44,182 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,236. In the latest IRS figures, 15 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$203,810
Change in 1 year
+3.9%
Overvalued %
+1.4%
Show 7 more
Fair home value
$201,054
Change in 5 years
+25.0%
Zillow forecast, next 12 months
+2.6%
Home value to income
2.6×
Monthly mortgage payment (20% down)
$1,105
Income needed to afford it
$44,182
Property tax rate
1.76%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,349
Market activity
Listings vs a year ago
−9.1%
Days on market
50
Listings with a price cut
16.3%
Show 3 more
Homes for sale
50
Pending sales per 100 listings
56
Asking price per sq ft
$159
People and jobs
Median household income
$77,236
Population change (1 year)
+0.0%
Unemployment rate
3.4%
Show 4 more
Population
21,160
Income adjusted for cost of living
$81,216
Net moves in (IRS)
+15
Cost of living (US = 100)
95.1
Schools, risk and environment
School rating (1 to 10)
6.6
FEMA hazard risk score (0 to 100)
18.9
Unhealthy air days a year
4
Show 4 more
Flood risk score
18.0
Wildfire risk score
0.5
Walkability (1 to 20)
5.0
Road, rail and air noise
53 dB
Questions people ask
Is Jersey County, IL overvalued?
Home prices in Jersey County, IL are slightly above what local incomes have historically supported: fair value is about $201,054, so the area is 1.4% overvalued.
Is Jersey County, IL a buyer's or seller's market?
Jersey County, IL is a seller's market: homes take about 50 days to sell, listings are down 9% from a year ago, 16% of listings have had a price cut.
Are home prices going down in Jersey County, IL?
Home values in Jersey County, IL are up 3.9% over the last year. Zillow's forecast for the next 12 months is +2.6%.
How much do you need to earn to buy a home in Jersey County, IL?
A household needs about $44,182 a year to afford the typical home in Jersey County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $77,236.