Is Roanoke, IL 61561 a buyer’s or seller’s market?
Roanoke is a seller’s market. With about 1.3 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.3Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market28Listing to accepted offer
Median price per sq ft$107▼ −10.0% vs. last year
Run the numbers for 61561
Nearby markets
Benson 61516Buyer’s market $125 /sq ftCarlock 61725Seller’s market $135 /sq ftCongerville 61729 — /sq ftEl Paso 61738Seller’s market $98 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology