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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockbridge Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Rockbridge Township, IL

How much do homes in Rockbridge Township, IL cost?

Median Sold Price

$105,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$40,250(+62.2%)

Key Takeaway

Homes in Rockbridge Township have sold for 62.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $64.7K-
N/A
4 --
N/A
5+ -$105K
N/A

Summary: Rockbridge Township housing prices by bedroom type for March 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.

Median Sold Price Compared To Nearby Cities

Rockbridge Township
+62.2%
Greenfield
+62.2%

Housing Supply in Rockbridge Township, IL

How many homes are available in Rockbridge Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
53-40.0%

Summary: The Rockbridge Township real estate market had 3 homes for sale in March 2024, a 40.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 20
-100.0%
4 00
0.0%
5+ 22
0.0%

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

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

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 Rockbridge Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Rockbridge Township in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rockbridge Township, IL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
175 Days38 Days-78.3%

Summary: Homes in Rockbridge Township had an average of 38 days on market in Mar 2024, down by 78.3% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Rockbridge Township has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Rockbridge Township; 0% of homes were sold within 30 days, 100% 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 24 Days Ago

Newest Listings in Rockbridge Township, IL

Nearby Markets to Rockbridge Township, IL