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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roselle is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Roselle, IL cost?

Median Sold Price

$280,066

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$8,816(+3.3%)

Key Takeaway

Homes in Roselle have sold for 3.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $115K$123.9K
+7.8%
2 $200.5K$220K
+9.7%
3 $284.4K$309K
+8.6%
4 $382.5K$401K
+4.8%
5+ $434.5K$525K
+20.8%

Median Sold Price Compared To Nearby Cities

Hanover Park
+9.3%
Bloomingdale
+7.3%
Bloomingdale Township
+5.7%
Roselle
+3.3%
Schaumburg Township
+3.3%

How many homes are available in Roselle, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
6662-6.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 57
+40.0%
2 1716
-5.9%
3 2925
-13.8%
4 1010
0.0%
5+ 54
-20.0%

Number of Homes Sold

Oct 2022Nov 2022%
2217-22.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roselle, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days23 Days+28.9%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Roselle 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 Roselle, IL

Roselle, IL has 62 homes for sale to choose from. The inventory of homes for sale in Roselle, IL between October 2022 and November 2022 decreased by 6.1%. Listings spent 23 days on the market in November 2022, and had a median list price of $280,066 during the same period. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 7.8%, prices of 2 bedrooms properties went up by 9.7%, prices of 3 bedrooms properties increased by 8.6%, 4 bedrooms properties prices increased by 4.8%, prices of 5 bedrooms properties went up by 20.8%. This housing market inventory have changed: 1 bedroom homes inventory increased by 40%, the quantity of 2 bedrooms homes went down by 5.9%, the quantity of 3 bedrooms homes went down by 13.8%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes decreased by 20%. In November 2022, from all listings sold in Roselle, IL there were more than 6 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price.

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