Market Overview
Home Prices in Jerseyville, IL
The median home value in Jerseyville, IL is $150,516 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Jerseyville are priced63% below average. Jerseyville is part of the St. Louis, MO-IL metro area.
Over the past five years, Jerseyville home values have risen by approximately21.2%, reflecting strong long-term appreciation in this market.
Price History
Jerseyville Home Price Trend
City Comparison
Jerseyville vs. National Median
At $150,516, homes in Jerseyville cost 63% below the national median of $410,000. This makes Jerseyville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Jerseyville?
20% Down Payment
$30,103
on $150,516
Monthly P&I
$785/mo
30-yr @ 6.8%
Total Monthly Est.
~$997/mo
incl. taxes & insurance
Income Needed
$39,880
gross annual (30% rule)
10% Down Option
$15,052
+ PMI applies
Loan Amount (20% dn)
$120,413
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Jerseyville, IL?
The median home value in Jerseyville is $150,516 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Jerseyville?
Over the past year, home values in Jerseyville have increased by 3.2%. Over five years, prices have risen approximately 21.2%.
How much do I need to earn to buy a home in Jerseyville?
To comfortably afford the median home price of $150,516 with a 20% down payment ($30,103) at today's rates (6.8%), you'd need a gross annual income of approximately $39,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Jerseyville compare to the national average home price?
The national median home value is approximately $410,000. At $150,516, homes in Jerseyville are 63% below the national average.
What metro area is Jerseyville part of?
Jerseyville is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.