Is Robinson, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Robinson is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Robinson, IL

How much do homes in Robinson, IL cost?

Median Sold Price

$131,000

$61/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$58,900(+81.7%)

Key Takeaway

Homes in Robinson have sold for 81.7% more than they did a year ago.

Summary: The median home sold price in Robinson was $131,000 in November 2024, up 81.7% from last year, and the median price per square foot was $61.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $6K$220K
+3566.7%
2 $55K$52.2K
-5.0%
3 $78.5K$163K
+107.5%
4 $308.5K$152.7K
-50.5%
5+ $290K-
N/A

Summary: Robinson housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3566.7%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 107.5%, 4 bedroom homes decreased by 50.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Robinson
+81.7%
Robinson Township
+81.7%

Housing Supply in Robinson, IL

How many homes are available in Robinson, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The Robinson real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 64
-33.3%
4 34
+33.3%
5+ 11
0.0%

Summary: The Robinson housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Robinson, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Robinson in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Robinson, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days18 Days-72.7%

Summary: Homes in Robinson had an average of 18 days on market in Nov 2024, down by 72.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Robinson; 67% of homes were sold within 30 days, 33% 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 11 Days Ago

Newest Listings in Robinson, IL

Nearby Markets to Robinson, IL