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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Run Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Rock Run Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Rock Run Township, IL cost?

Median Sold Price

$325,000

$145/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$9,600(-2.9%)

Key Takeaway

Homes in Rock Run Township have sold for 2.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 --
N/A
3 $334.6K$325K
-2.9%
4 --
N/A
5+ --
N/A

How many homes are available in Rock Run Township, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
24+100.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 01
+100.0%
2 00
0.0%
3 22
0.0%
4 01
+100.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Rock Run Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
6 Days24 Days+300.0%

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 Rock Run Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Rock Run Township, IL

Rock Run Township, IL has 4 homes on the market. The inventory of homes for sale in Rock Run Township, IL between October 2022 and November 2022 increased by 100%. In November 2022, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $325,000. Real estate listing prices changed between November 2021 and November 2022: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went down by 2.9%, prices of 4 bedrooms properties went up by 0%, the cost of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: number of 1 bedroom homes increased by 100%, volume of 2 bedrooms homes stayed the same, number of 3 bedrooms homes remained the same, the quantity of 4 bedrooms homes went up by 100%, the quantity of 5 bedrooms homes have not changed. Rock Run Township, IL housing market in November 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.