Is Blackhawk Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Blackhawk Township has remained a Seller's Market.
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 May 2023
Summary: The median home sold price in Blackhawk Township was $164,000 in May 2024, up 21.5% from last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.7K | $92.5K | +69.1% |
2 Bedrooms | $107.5K | $100K | -7.0% |
3 Bedrooms | $143.8K | $169.8K | +18.1% |
4 Bedrooms | $200K | $166K | -17.0% |
5+ Bedrooms | $274K | $390K | +42.3% |
Summary: Blackhawk Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.1%, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 18.1%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes increased by 42.3%.
Median Sold Price Compared To Nearby Cities
Milan | $129.6K | $163.5K | +26.1% |
Blackhawk Township | $135K | $164K | +21.5% |
Rock Island | $122.5K | $130K | +6.1% |
South Rock Island Township | $139.9K | $140K | 0.0% |
Housing Supply in Blackhawk Township, IL
How many homes are available in Blackhawk Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 27 | +3.8% |
Summary: The Blackhawk Township real estate market had 27 homes for sale in May 2024, a 3.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Blackhawk Township housing inventory by bedroom type for May 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 7.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Blackhawk Township in May 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 23 Days | +120.3% |
Summary: Homes in Blackhawk Township had an average of 23 days on market in May 2024, up by 120.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Blackhawk Township; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.