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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackhawk Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Blackhawk Township, IL

How much do homes in Blackhawk Township, IL cost?

Median Sold Price

$164,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$34,000(+26.2%)

Key Takeaway

Homes in Blackhawk Township have sold for 26.2% more than they did a year ago.

Summary: The median home sold price in Blackhawk Township was $164,000 in April 2024, up 26.2% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $54.7K$130K
+137.7%
2 $106K$100K
-5.7%
3 $142.6K$167.1K
+17.2%
4 $196.5K$191.5K
-2.5%
5+ $231K$390K
+68.8%

Summary: Blackhawk Township housing prices by bedroom type for April 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 17.2%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 68.8%.

Median Sold Price Compared To Nearby Cities

Milan
+27.6%
Blackhawk Township
+26.2%
Rock Island
+8.3%
South Rock Island Township
+4.5%

Housing Supply in Blackhawk Township, IL

How many homes are available in Blackhawk Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2522-12.0%

Summary: The Blackhawk Township real estate market had 22 homes for sale in April 2024, a 12.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1711
-35.3%
4 34
+33.3%
5+ 12
+100.0%

Summary: The Blackhawk Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 35.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackhawk Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Blackhawk Township in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% 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

Apr 2023Apr 2024CHANGE
37 Days10 Days-71.9%

Summary: Homes in Blackhawk Township had an average of 10 days on market in Apr 2024, down by 71.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were 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 Blackhawk Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Blackhawk Township; 100% of homes were sold within 30 days, 0% 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 16 Days Ago

Newest Listings in Blackhawk Township, IL

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