$891 Closing Credit*
$75,000
1,569 SqFt
4 Beds
•1 Full Bath
Deb Haussmann, Listing Office: Keller Williams Greater Quad Cities / Midwest Partners
Is Rock Island County, 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 County has remained a Seller's Market.
Key Takeaway
Rock Island County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rock Island County, IL
How much do homes in Rock Island County, IL cost?
Median Sold Price
$155,112
$102/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,395(+9.5%)
Key Takeaway
Homes in Rock Island County have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Rock Island County was $155,112 in November 2024, up 9.5% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $64.9K | -0.2% |
| 2 Bedrooms | $106.2K | $120.2K | +13.2% |
| 3 Bedrooms | $153.2K | $160.2K | +4.6% |
| 4 Bedrooms | $191.3K | $222.5K | +16.3% |
| 5+ Bedrooms | $229K | $285K | +24.5% |
Summary: Rock Island County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 24.5%.
Median Sold Price Compared To Nearby Counties
| Rock Island County | $141.7K | $155.1K | +9.5% |
| Scott County | $219.9K | $230.4K | +4.8% |
| Clinton County | $145K | $146K | +0.7% |
| Henry County | $145.9K | $143.6K | -1.6% |
| Mercer County | $131.2K | $123K | -6.3% |
Housing Supply in Rock Island County, IL
How many homes are available in Rock Island County, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 532 | 507 | -4.7% |
Summary: The Rock Island County real estate market had 507 homes for sale in November 2024, a 4.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 13 | 0.0% |
| 2 Bedrooms | 140 | 126 | -10.0% |
| 3 Bedrooms | 238 | 235 | -1.3% |
| 4 Bedrooms | 116 | 109 | -6.0% |
| 5+ Bedrooms | 25 | 24 | -4.0% |
Summary: The Rock Island County 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 10%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 137 | 122 | -10.9% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
41 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rock Island County, you may be able to get a good deal. 40.2% of homes here sold below asking price last month.
Summary: A total of 122 homes were sold or pending in Rock Island County in November 2024, down by 10.9% month-over-month. Of the 122 sold homes, 40% were sold under asking, 26% were sold at asking, and 34% were sold over asking.
Days on Market for Rock Island County, IL
How long does it take to sell a home in Rock Island County, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 22 Days | -12.2% |
Summary: Homes in Rock Island County had an average of 22 days on market in Nov 2024, down by 12.2% compared to last year.
Breakdown of Home Sale Times
92 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Rock Island County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 122 homes were sold in Rock Island County; 75% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.