Jo Daviess County is currently showing a neutral market, with the gauge at 51, reflecting a balance between buyer and seller leverage. With 3.8 months of supply in April 2026, inventory is a bit higher than the statewide level of 3 months, giving buyers somewhat more choice while still allowing reasonably strong conditions for sellers.
Home values and prices show a mixed picture, helping explain this balance. The typical home value sits around $256,783, down notably from a year ago, while the median list price has inched up year over year but dropped sharply from March, signaling some recent seller adjustments. Homes are spending a median of 39 days on the market, a slight month-over-month improvement, and the average sale-to-list ratio at about 96 percent suggests modest negotiation room rather than steep discounts.
On the activity side, supply and demand are both softer than last year, which further supports the neutral reading. Active listings are down compared with a year ago, and homes sold and new listings have both declined year over year, while pending sales are down even more, pointing to a cooler pace of new deals. Even so, about 19 percent of homes are selling above list price, more than double the share just a month earlier, showing that well-priced properties can still attract strong interest. Buyers and sellers who want to navigate these nuanced conditions can use Agent Pronto to connect with a local agent who understands the Jo Daviess County market.
