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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roberts Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Roberts Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Roberts Township, IL

How much do homes in Roberts Township, IL cost?

Median Sold Price

$110,000

$93/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$1,000(+0.9%)

Key Takeaway

Homes in Roberts Township have sold for 0.9% more than they did a month ago.

Summary: The median home sold price in Roberts Township was $110,000 in May 2024, up 0.9% from last month, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$85.5K
N/A
3 $109K-
N/A
4 -$110K
N/A
5+ --
N/A

Summary: Roberts Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Roberts Township, IL

How many homes are available in Roberts Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1317+30.8%

Summary: The Roberts Township real estate market had 17 homes for sale in May 2024, a 30.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 44
0.0%
4 67
+16.7%
5+ 11
0.0%

Summary: The Roberts Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roberts Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Roberts Township in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Roberts Township, IL

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

Average Sale Time

Apr 2024May 2024CHANGE
77 Days79 Days+3.6%

Summary: Homes in Roberts Township had an average of 79 days on market in May 2024, up by 3.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 4 homes were sold in Roberts Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

Newest Listings in Roberts Township, IL

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