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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Little Rock Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Little Rock Township, IL

How much do homes in Little Rock Township, IL cost?

Median Sold Price

$267,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$37,000(+16.1%)

Key Takeaway

Homes in Little Rock Township have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Little Rock Township was $267,000 in October 2024, up 16.1% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $50K$108K
+116.0%
2 $193.7K$236.5K
+22.1%
3 $230K$264.5K
+15.0%
4 $289.9K$339.9K
+17.2%
5+ $432.5K$379K
-12.4%

Summary: Little Rock Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 116%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 12.4%.

Median Sold Price Compared To Nearby Cities

Plano
+17.3%
Little Rock Township
+16.1%
Yorkville
+11.1%
Sandwich
+3.6%
Big Rock Township
-22.4%

Housing Supply in Little Rock Township, IL

How many homes are available in Little Rock Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4658+26.1%

Summary: The Little Rock Township real estate market had 58 homes for sale in October 2024, a 26.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1016
+60.0%
3 2627
+3.8%
4 713
+85.7%
5+ 32
-33.3%

Summary: The Little Rock Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13130.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Little Rock Township, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Little Rock Township in October 2024, the same as the previous month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.

Days on Market for Little Rock Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days22 Days+23.6%

Summary: Homes in Little Rock Township had an average of 22 days on market in Oct 2024, up by 23.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Little Rock Township; 69% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Little Rock Township, IL

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