$174,900
1,328 SqFt
4 Beds
•2 Full Baths
Marley Nerhus, Listing Office: Epique Realty
November 2024
Report Updated 17 Days Ago
Is Rock Island, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Rock Island has remained a Seller's Market.
How much do homes in Rock Island, IL cost?
$138,500
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
Summary: The median home sold price in Rock Island was $138,500 in November 2024, up 13.1% from last year, and the median price per square foot was $94.
# BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47K | $62.5K | +33.0% |
2 Bedrooms | $95K | $115K | +21.1% |
3 Bedrooms | $132.1K | $153.5K | +16.2% |
4 Bedrooms | $151K | $180K | +19.2% |
5+ Bedrooms | $174.9K | $130K | -25.7% |
Summary: Rock Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes decreased by 25.7%.
Blackhawk Township | $140K | $169.9K | +21.4% |
Milan | $144.7K | $169.9K | +17.4% |
Rock Island Township | $120.2K | $138.3K | +15.0% |
Rock Island | $122.5K | $138.5K | +13.1% |
South Rock Island Township | $135K | $148K | +9.6% |
How many homes are available in Rock Island, IL?
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
140 | 139 | -0.7% |
Summary: The Rock Island real estate market had 139 homes for sale in November 2024, a 0.7% decrease compared to October 2024.
# BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 46 | 45 | -2.2% |
3 Bedrooms | 56 | 58 | +3.6% |
4 Bedrooms | 22 | 23 | +4.5% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Rock Island housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 20%.
Oct 2024 | Nov 2024 | CHANGE |
---|---|---|
32 | 30 | -6.3% |
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Rock Island in November 2024, down by 6.3% month-over-month. Of the 30 sold homes, 37% were sold under asking, 30% were sold at asking, and 33% were sold over asking.
How long does it take to sell a home in Rock Island, IL?
Nov 2023 | Nov 2024 | CHANGE |
---|---|---|
40 Days | 25 Days | -37.8% |
Summary: Homes in Rock Island had an average of 25 days on market in Nov 2024, down by 37.8% compared to last year.
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2024, 30 homes were sold in Rock Island; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 3% 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 17 Days Ago
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance for the period 12/01/2022 - 12/01/2024
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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