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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Robinson Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Robinson Township, IL

How much do homes in Robinson Township, 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 Township have sold for 81.7% more than they did a year ago.

Summary: The median home sold price in Robinson Township 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 Township 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 Township
+81.7%
Robinson
+81.7%

Housing Supply in Robinson Township, IL

How many homes are available in Robinson Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The Robinson Township 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 Township 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 Township, 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 Township 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 Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days18 Days-72.7%

Summary: Homes in Robinson Township 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 Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Robinson Township; 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 Township, IL

Nearby Markets to Robinson Township, IL