Rock Falls, Illinois, is a small city in Whiteside County, nestled along the scenic Rock River, with a population of approximately 8,600 as of recent estimates. Known for its tight-knit community and rich industrial history, the city offers a blend of small-town charm and recreational opportunities. The Rock River provides a picturesque backdrop for activities like fishing, boating, and hiking, with popular spots like Lawrence Park and the Hennepin Canal attracting outdoor enthusiasts. Rock Falls also boasts a vibrant local economy, with a mix of small businesses, restaurants, and annual events like the Rock Falls Summer Splash, fostering community spirit. Its proximity to larger cities like Sterling and easy access to Interstate 88 make it a convenient yet peaceful place to call home.
Rock Falls currently has 30 single family homes for sale with an average list price of $161,476.67, 1 condo for sale with a list price of $175,000, and 6 lots for sale with an average list price of $134,916.67. The average annual property tax for Rock Falls is $2,436.19.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Rock Falls, i.e. what's hot and what's not.
See What's Hot & What's Not in Rock FallsRock Falls home sales for the month of July decreased in volume by 30% when compared to last year, while the median sale price rose by 94.1% from $64,400 to $125,000. House sales decreased by 30%, while the median sale price rose by 94.1% from $64,400 to $125,000.
188
|
155
|
168
|
124
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$86,250
|
$92,000
|
$91,200
|
$107,450
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |