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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockton Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Rockton Township, IL

How much do homes in Rockton Township, IL cost?

Median Sold Price

$260,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+10.6%)

Key Takeaway

Homes in Rockton Township have sold for 10.6% more than they did a year ago.

Summary: The median home sold price in Rockton Township was $260,000 in November 2024, up 10.6% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $82K$87K
+6.1%
2 $164.9K$199.9K
+21.2%
3 $238.5K$270K
+13.2%
4 $289.4K$279.9K
-3.3%
5+ $342.5K$400K
+16.8%

Summary: Rockton Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 16.8%.

Median Sold Price Compared To Nearby Cities

Roscoe
+11.0%
Rockton
+10.9%
Rockton Township
+10.6%
Roscoe Township
+10.2%
South Beloit
+4.0%

Housing Supply in Rockton Township, IL

How many homes are available in Rockton Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3429-14.7%

Summary: The Rockton Township real estate market had 29 homes for sale in November 2024, a 14.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 1513
-13.3%
4 1211
-8.3%
5+ 00
0.0%

Summary: The Rockton 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 28.6%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
11110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockton Township, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Rockton Township in November 2024, the same as the previous month. Of the 11 sold homes, 9% were sold under asking, 27% were sold at asking, and 64% were sold over asking.

Days on Market for Rockton Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days13 Days-39.1%

Summary: Homes in Rockton Township had an average of 13 days on market in Nov 2024, down by 39.1% compared to last year.

Breakdown of Home Sale Times

9 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 Rockton Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Rockton Township; 82% of homes were sold within 30 days, 9% 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 2 Days Ago

Newest Listings in Rockton Township, IL

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