Is Blackhawk Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Blackhawk Township has remained a Seller's Market.
Housing Prices in Blackhawk Township, IL
How much do homes in Blackhawk Township, IL cost?
Median Sold Price
$164,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Blackhawk Township was $164,000 in March 2024, up 28.1% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.7K | $130K | +137.7% |
2 Bedrooms | $106K | $100K | -5.7% |
3 Bedrooms | $130K | $165K | +26.9% |
4 Bedrooms | $196.5K | $191.5K | -2.5% |
5+ Bedrooms | $208K | $390K | +87.5% |
Summary: Blackhawk Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 137.7%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 26.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 87.5%.
Median Sold Price Compared To Nearby Cities
Milan | $121K | $165K | +36.4% |
Blackhawk Township | $128K | $164K | +28.1% |
Rock Island | $116.5K | $130K | +11.5% |
South Rock Island Township | $130K | $143K | +10.0% |
Housing Supply in Blackhawk Township, IL
How many homes are available in Blackhawk Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 25 | +38.9% |
Summary: The Blackhawk Township real estate market had 25 homes for sale in March 2024, a 38.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 13 | 17 | +30.8% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Blackhawk Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Blackhawk Township in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Blackhawk Township, IL
How long does it take to sell a home in Blackhawk Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 22 Days | -46.3% |
Summary: Homes in Blackhawk Township had an average of 22 days on market in Mar 2024, down by 46.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Blackhawk Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.