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 April 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

$240,000

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,100(+11.7%)

Key Takeaway

Homes in Rockton Township have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Rockton Township was $240,000 in April 2024, up 11.7% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $52K$84K
+61.5%
2 $151K$170K
+12.6%
3 $215.1K$240K
+11.6%
4 $278K$280K
+0.7%
5+ $387.5K$390K
+0.6%

Summary: Rockton Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.5%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Cities

Rockton Township
+11.7%
Roscoe
+9.6%
Rockton
+2.8%
Roscoe Township
-1.9%

Housing Supply in Rockton Township, IL

How many homes are available in Rockton Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2327+17.4%

Summary: The Rockton Township real estate market had 27 homes for sale in April 2024, a 17.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 1517
+13.3%
4 68
+33.3%
5+ 10
-100.0%

Summary: The Rockton Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 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 April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 36% were sold under asking, 0% 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

Apr 2023Apr 2024CHANGE
75 Days8 Days-88.3%

Summary: Homes in Rockton Township had an average of 8 days on market in Apr 2024, down by 88.3% compared to last year.

Breakdown of Home Sale Times

10 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 April 2024, 11 homes were sold in Rockton Township; 91% 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 9 Days Ago

Newest Listings in Rockton Township, IL

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