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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockdale is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Rockdale, IL

How much do homes in Rockdale, IL cost?

Median Sold Price

$239,900

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$64,900(+37.1%)

Key Takeaway

Homes in Rockdale have sold for 37.1% more than they did a year ago.

Summary: The median home sold price in Rockdale was $239,900 in December 2024, up 37.1% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $78.5K$173.5K
+121.0%
2 $134.7K$185K
+37.3%
3 $201K$239.9K
+19.4%
4 $225K$255K
+13.3%
5+ $210K-
N/A

Summary: Rockdale housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 121%, 2 bedroom homes increased by 37.3%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rockdale
+37.1%
Joliet Township
+7.4%
Joliet
+4.9%

Housing Supply in Rockdale, IL

How many homes are available in Rockdale, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
220.0%

Summary: The Rockdale real estate market had 2 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 01
+100.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Rockdale housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockdale, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Rockdale in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Rockdale, IL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
13 Days18 Days+38.5%

Summary: Homes in Rockdale had an average of 18 days on market in Dec 2024, up by 38.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Rockdale; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Rockdale, IL

Nearby Markets to Rockdale, IL

What housing markets are near Rockdale, IL?