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 September 2023

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.

Housing Prices in Roselle, IL

How much do homes in Roselle, IL cost?

Median Sold Price

$329,579

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$29,579(+9.9%)

Key Takeaway

Homes in Roselle have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Roselle was $329,579 in September 2024, up 9.9% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $172.8K$143.2K
-17.1%
2 $250K$252K
+0.8%
3 $315K$365K
+15.9%
4 $440K$430K
-2.3%
5+ $445K$660K
+48.3%

Summary: Roselle housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 48.3%.

Median Sold Price Compared To Nearby Cities

Roselle
+9.9%
Schaumburg Township
+9.4%
Bloomingdale Township
+8.7%
Hanover Park
+7.6%
Bloomingdale
+3.0%

Housing Supply in Roselle, IL

How many homes are available in Roselle, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7073+4.3%

Summary: The Roselle real estate market had 73 homes for sale in September 2024, a 4.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 1412
-14.3%
3 3538
+8.6%
4 1314
+7.7%
5+ 88
0.0%

Summary: The Roselle housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2518-28.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 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. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Roselle in September 2024, down by 28.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 6% were sold at asking, and 44% 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

Sep 2023Sep 2024CHANGE
18 Days19 Days+1.0%

Summary: Homes in Roselle had an average of 19 days on market in Sep 2024, up by 1% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

2 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.

Summary: During September 2024, 18 homes were sold in Roselle; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Roselle, IL

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