Is Roscoe Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Roscoe Township has remained a Seller's Market.
Housing Prices in Roscoe Township, IL
How much do homes in Roscoe Township, IL cost?
Median Sold Price
$267,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Roscoe Township was $267,000 in March 2024, up 0.8% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $256.5K | - | N/A |
2 Bedrooms | $147K | $171.5K | +16.7% |
3 Bedrooms | $230K | $250K | +8.7% |
4 Bedrooms | $315K | $302.5K | -4.0% |
5+ Bedrooms | $392.4K | $394.5K | 0.5% |
Summary: Roscoe Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
Roscoe | $242K | $279.9K | +15.7% |
Rockton | $245K | $278K | +13.5% |
Rockton Township | $212.4K | $240.2K | +13.1% |
Roscoe Township | $265K | $267K | +0.8% |
Housing Supply in Roscoe Township, IL
How many homes are available in Roscoe Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 36 | 0.0% |
Summary: The Roscoe Township real estate market had 36 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 15 | 13 | -13.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Roscoe Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Roscoe Township in March 2024, up by 100.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for Roscoe Township, IL
How long does it take to sell a home in Roscoe Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 45 Days | -12.7% |
Summary: Homes in Roscoe Township had an average of 45 days on market in Mar 2024, down by 12.7% 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 March 2024, 14 homes were sold in Roscoe Township; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.