Is Roselle, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Roselle has remained a Seller's Market.
Housing Prices in Roselle, IL
How much do homes in Roselle, IL cost?
Median Sold Price
$309,950
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Roselle was $309,950 in February 2024, up 10.3% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $137.9K | $210K | +52.2% |
2 Bedrooms | $229.9K | $257.4K | +12.0% |
3 Bedrooms | $310K | $324.5K | +4.7% |
4 Bedrooms | $392.5K | $438.7K | +11.8% |
5+ Bedrooms | $550K | $484K | -12.0% |
Summary: Roselle housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.2%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Cities
Schaumburg Township | $272.7K | $303.3K | +11.2% |
Roselle | $280.9K | $309.9K | +10.3% |
Hanover Park | $265K | $290K | +9.4% |
Bloomingdale Township | $287.4K | $311.7K | +8.4% |
Bloomingdale | $337K | $356.3K | +5.7% |
Housing Supply in Roselle, IL
How many homes are available in Roselle, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
41 | 51 | +24.4% |
Summary: The Roselle real estate market had 51 homes for sale in February 2024, a 24.4% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 16 | 19 | +18.8% |
3 Bedrooms | 13 | 22 | +69.2% |
4 Bedrooms | 10 | 7 | -30.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Roselle housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 69.2%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Roselle in February 2024, up by 23.1% month-over-month. Of the 16 sold homes, 31% were sold under asking, 13% were sold at asking, and 56% were sold over asking.
Days on Market for Roselle, IL
How long does it take to sell a home in Roselle, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
26 Days | 10 Days | -60.3% |
Summary: Homes in Roselle had an average of 10 days on market in Feb 2024, down by 60.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 16 homes were sold in Roselle; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.