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 April 2023

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.

Housing Prices in Rockton, IL

How much do homes in Rockton, IL cost?

Median Sold Price

$255,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$7,000(+2.8%)

Key Takeaway

Homes in Rockton have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Rockton was $255,000 in April 2024, up 2.8% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$67.5K
N/A
2 $165K$180K
+9.1%
3 $239K$255K
+6.7%
4 $294.9K$295.5K
0.2%
5+ $375K$395K
+5.3%

Summary: Rockton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Cities

Rockton Township
+11.7%
Roscoe
+9.6%
Rockton
+2.8%
Roscoe Township
-1.9%

Housing Supply in Rockton, IL

How many homes are available in Rockton, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
17170.0%

Summary: The Rockton real estate market had 17 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 1211
-8.3%
4 34
+33.3%
5+ 10
-100.0%

Summary: The Rockton 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 100%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rockton, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Rockton in April 2024, up by 150.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% 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

Apr 2023Apr 2024CHANGE
75 Days9 Days-87.7%

Summary: Homes in Rockton had an average of 9 days on market in Apr 2024, down by 87.7% compared to last year.

Breakdown of Home Sale Times

9 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.

Summary: During April 2024, 10 homes were sold in Rockton; 90% of homes were sold within 30 days, 10% 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 13 Days Ago

Newest Listings in Rockton, IL

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