Is Jacksonville, IL 62650 a buyer’s or seller’s market?

The Jacksonville housing market right now

In the three months ending August 31, 2026, 26% of homes in Jacksonville, IL 62650 sold above their list price, the typical home went under contract in 32 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 91 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 34%, homes sold more slowly (11 days then) and the median sale price held steady to $158,931. Overall, Jacksonville is less competitive than a year ago, which gives buyers more room.

Within Morgan County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Jacksonville ranks #302 of 464 IL ZIP codes with enough sales (score 60 out of 100).

Nearby, buyers who want less competition could look at Franklin 62638 (0% sold over asking) or Concord 62631 (0% sold over asking), while Chapin 62628 (50% sold over asking) and Murrayville 62668 (50% sold over asking) are even more competitive.