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Carbondale Reporter

Sunday, December 22, 2024

Home prices in Jackson County increased in 2022

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Jackson County Il Clerk And Recorder Frank L. Byrd (2023) | The Jackson County Clerk & Recorder\'s Office

Jackson County Il Clerk And Recorder Frank L. Byrd (2023) | The Jackson County Clerk & Recorder\'s Office

The median sale price of a home sold in 2022 in Jackson County rose by $4,700, while total sales increased by 35.8%, according to BlockShopper.com.

Throughout 2022, 648 homes were sold in the county, with a median sale price of $104,700. This is a 4.7% increase over the $100,000 median sale price during the same period in 2021, when there were 477 homes sold.

Based on the latest available data from 2021, the median sales tax in Jackson County was $2,160, which stands at 2.1% of the median home sale price for 2022.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Jackson County from January 2021 to December 2022.

20212022$100,000$100,000$104,700$104,700

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