Is Blackhawk Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackhawk Township is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Blackhawk Township has remained a Seller's Market.

Key Takeaway

Blackhawk Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Blackhawk Township, IL

How much do homes in Blackhawk Township, IL cost?

Median Sold Price

$165,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,000(+17.9%)

Key Takeaway

Homes in Blackhawk Township have sold for 17.9% more than they did a year ago.

Summary: The median home sold price in Blackhawk Township was $165,000 in September 2024, up 17.9% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $54.7K$79.5K
+45.3%
2 $100K$101K
+1.0%
3 $147.2K$164K
+11.4%
4 $200K$193.2K
-3.4%
5+ $425K$268.5K
-36.8%

Summary: Blackhawk Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.3%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 36.8%.

Median Sold Price Compared To Nearby Cities

Blackhawk Township
+17.9%
Milan
+16.6%
Rock Island
+10.6%
South Rock Island Township
+3.6%

Housing Supply in Blackhawk Township, IL

How many homes are available in Blackhawk Township, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2739+44.4%

Summary: The Blackhawk Township real estate market had 39 homes for sale in September 2024, a 44.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1319
+46.2%
4 410
+150.0%
5+ 33
0.0%

Summary: The Blackhawk Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 46.2%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackhawk Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Blackhawk Township in September 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for Blackhawk Township, IL

How long does it take to sell a home in Blackhawk Township, IL?

Average Sale Time

Sep 2023Sep 2024CHANGE
24 Days42 Days+75.1%

Summary: Homes in Blackhawk Township had an average of 42 days on market in Sep 2024, up by 75.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Blackhawk Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 9 homes were sold in Blackhawk Township; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Blackhawk Township, IL

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