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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rosefield Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Rosefield Township, IL

How much do homes in Rosefield Township, IL cost?

Median Sold Price

$375,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$588(-0.2%)

Key Takeaway

The sold price of homes in Rosefield Township has remained the same since last year.

Summary: The median home sold price in Rosefield Township was $375,000 in November 2024, down 0.2% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$100K
N/A
3 $284.9K$360K
+26.3%
4 $440K$420K
-4.5%
5+ $675K-
N/A

Summary: Rosefield Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rosefield Township
-0.2%
Edwards
-12.7%
Kickapoo Township
-13.5%

Housing Supply in Rosefield Township, IL

How many homes are available in Rosefield Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
34+33.3%

Summary: The Rosefield Township real estate market had 4 homes for sale in November 2024, a 33.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 00
0.0%
4 12
+100.0%
5+ 12
+100.0%

Summary: The Rosefield 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rosefield Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

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

Days on Market for Rosefield Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days10 Days+25.0%

Summary: Homes in Rosefield Township had an average of 10 days on market in Nov 2024, up by 25% 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 Rosefield Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Rosefield Township; 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 2 Days Ago

Newest Listings in Rosefield Township, IL

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