Is Rockton, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rockton is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Rockton has remained a Seller's Market.

Key Takeaway

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

How much do homes in Rockton, IL cost?

Median Sold Price

$235,000

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$28,500(+13.8%)

Key Takeaway

Homes in Rockton have sold for 13.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $173K-
N/A
2 $122K$150K
+23.0%
3 $205K$225K
+9.8%
4 $237.7K$288K
+21.1%
5+ $258.5K$260K
+0.6%

Median Sold Price Compared To Nearby Cities

Roscoe
+37.0%
Roscoe Township
+32.3%
Rockton Township
+20.6%
Rockton
+13.8%
South Beloit
+2.5%

How many homes are available in Rockton, IL?

Number of Homes For Sale

Jun 2022Jul 2022%
2220-9.1%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 52
-60.0%
3 109
-10.0%
4 57
+40.0%
5+ 22
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
770.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockton, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Average Sale Time

Jul 2021Jul 2022%
8 Days14 Days+64.8%

Breakdown of Home Sale Times

6 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 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 Rockton, IL

There are 20 homes are for sale in Rockton, IL real estate market. The number of homes for sale in Rockton, IL decreased by 9.1% between June 2022 and July 2022. In July 2022, listings were on the market for 14 days. During the same period, the median list price in this real estate market was $235,000. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 23%, prices of 3 bedrooms properties went up by 9.8%, the cost of 4 bedrooms properties went up by 21.1%, the cost of 5 bedrooms properties went up by 0.6%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 60%, 3 bedrooms homes inventory decreased by 10%, number of 4 bedrooms homes increased by 40%, the quantity of 5 bedrooms homes have not changed. In July 2022 more than 3 listings in Rockton, IL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 1 were sold below.

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