Is Rockton, 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, Rockton has remained a Seller's Market.
Housing Prices in Rockton, IL
How much do homes in Rockton, IL cost?
Median Sold Price
$278,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Rockton was $278,000 in March 2024, up 13.5% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $80K | N/A |
2 Bedrooms | $207K | $177.5K | -14.3% |
3 Bedrooms | $232K | $257.5K | +11.0% |
4 Bedrooms | $294.9K | $296K | 0.4% |
5+ Bedrooms | $375K | $395K | +5.3% |
Summary: Rockton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Roscoe | $242K | $279.9K | +15.7% |
Rockton | $245K | $278K | +13.5% |
Rockton Township | $212.4K | $240.2K | +13.1% |
Roscoe Township | $265K | $267K | +0.8% |
Housing Supply in Rockton, IL
How many homes are available in Rockton, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Summary: The Rockton real estate market had 15 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 0 | 3 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Rockton housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Rockton in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Rockton, IL
How long does it take to sell a home in Rockton, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
19 Days | 24 Days | +23.1% |
Summary: Homes in Rockton had an average of 24 days on market in Mar 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Rockton; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.