Is Roscoe, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roscoe is a seller's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

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

How much do homes in Roscoe, IL cost?

Median Sold Price

$246,500

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$66,550(+37.0%)

Key Takeaway

Homes in Roscoe have sold for 37% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 --
N/A
2 $121.2K$127K
+4.7%
3 $170K$229.9K
+35.3%
4 $259.9K$285K
+9.7%
5+ $352.5K$305K
-13.5%

Median Sold Price Compared To Nearby Cities

Roscoe
+37.0%
Roscoe Township
+32.3%
Rockton
+13.8%
South Beloit
+2.5%
Machesney Park
-9.0%

How many homes are available in Roscoe, IL?

Number of Homes For Sale

Jun 2022Jul 2022%
2521-16.0%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 22
0.0%
3 119
-18.2%
4 129
-25.0%
5+ 01
+100.0%

Number of Homes Sold

Jun 2022Jul 2022%
414+250.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roscoe, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Average Sale Time

Jul 2021Jul 2022%
6 Days11 Days+87.2%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Roscoe are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Roscoe, IL

Roscoe, IL has 21 homes for sale to choose from. The number of listings in Roscoe, IL decreased by 16% between June 2022 and July 2022. Listings spent 11 days on the market in July 2022, and had a median list price of $246,500 during the same period. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 4.7%, prices of 3 bedrooms properties went up by 35.3%, the cost of 4 bedrooms properties went up by 9.7%, 5 bedrooms properties prices decreased by 13.5%. This housing market inventory have changed: 1 bedroom homes inventory did not change, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory decreased by 18.2%, volume of 4 bedrooms homes went down by 25%, number of 5 bedrooms homes increased by 100%. Roscoe, IL housing market in July 2022 saw over 4 listings sold above listed price, more than 6 sold at listed price and over 4 sold below.

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