$2,613 Closing Credit*
$220,000
2,503 SqFt
5 Beds
•2 Full Baths
Haley LaHood, Listing Office: Jim Maloof Realty, Inc.
Is Roanoke Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Roanoke Township has remained a Seller's Market.
Key Takeaway
Roanoke Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roanoke Township, IL
How much do homes in Roanoke Township, IL cost?
Median Sold Price
$111,000
$87/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$41,400(-27.2%)
Key Takeaway
Homes in Roanoke Township have sold for 27.2% less than they did a month ago.
Summary: The median home sold price in Roanoke Township was $111,000 in October 2024, down 27.2% from last month, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $102.4K | N/A |
| 3 Bedrooms | $155K | $118.5K | -23.5% |
| 4 Bedrooms | $149.8K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Roanoke Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 23.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Roanoke Township | $152.4K | $111K | -27.2% |
| Roanoke | $152.4K | $111K | -27.2% |
Housing Supply in Roanoke Township, IL
How many homes are available in Roanoke Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Roanoke Township real estate market had 13 homes for sale in October 2024, a 30.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Roanoke 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 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Roanoke Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Roanoke Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Roanoke Township, IL
How long does it take to sell a home in Roanoke Township, IL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 5 Days | -54.0% |
Summary: Homes in Roanoke Township had an average of 5 days on market in Oct 2024, down by 54% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Roanoke Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Roanoke Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.