Is Rockton Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rockton Township has remained a Seller's Market.
Housing Prices in Rockton Township, IL
How much do homes in Rockton Township, IL cost?
Median Sold Price
$246,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rockton Township was $246,000 in May 2024, up 12.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $52K | $84K | +61.5% |
2 Bedrooms | $151K | $171.2K | +13.4% |
3 Bedrooms | $225K | $240.2K | +6.8% |
4 Bedrooms | $272K | $290K | +6.6% |
5+ Bedrooms | $387.5K | $390K | +0.6% |
Summary: Rockton Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.5%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Rockton Township | $218.7K | $246K | +12.5% |
South Beloit | $185K | $207.5K | +12.2% |
Roscoe | $249.9K | $279.9K | +12.0% |
Rockton | $245.7K | $273.7K | +11.4% |
Roscoe Township | $265K | $267K | +0.8% |
Housing Supply in Rockton Township, IL
How many homes are available in Rockton Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Summary: The Rockton Township real estate market had 34 homes for sale in May 2024, a 9.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 19 | 20 | +5.3% |
4 Bedrooms | 10 | 9 | -10.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Rockton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Rockton Township in May 2024, the same as the previous month. Of the 11 sold homes, 9% were sold under asking, 45% were sold at asking, and 45% were sold over asking.
Days on Market for Rockton Township, IL
How long does it take to sell a home in Rockton Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 10 Days | +86.5% |
Summary: Homes in Rockton Township had an average of 10 days on market in May 2024, up by 86.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Rockton Township; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.