Is Roselle, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$322,625
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Roselle was $322,625 in June 2024, up 10.9% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160.6K | $183.2K | +14.1% |
2 Bedrooms | $245.5K | $255K | +3.9% |
3 Bedrooms | $315K | $349.5K | +11.0% |
4 Bedrooms | $420K | $437.5K | +4.2% |
5+ Bedrooms | $441K | $627.5K | +42.3% |
Summary: Roselle housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 42.3%.
Median Sold Price Compared To Nearby Cities
Schaumburg Township | $274.9K | $312.2K | +13.6% |
Roselle | $291K | $322.6K | +10.9% |
Hanover Park | $270K | $295.2K | +9.4% |
Bloomingdale Township | $294.2K | $320.2K | +8.8% |
Bloomingdale | $359.6K | $349K | -3.0% |
Housing Supply in Roselle, IL
How many homes are available in Roselle, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
79 | 81 | +2.5% |
Summary: The Roselle real estate market had 81 homes for sale in June 2024, a 2.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 26 | 26 | 0.0% |
3 Bedrooms | 36 | 35 | -2.8% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Roselle housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
29 | 25 | -13.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Roselle in June 2024, down by 13.8% month-over-month. Of the 25 sold homes, 20% were sold under asking, 12% were sold at asking, and 68% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
7 Days | 7 Days | +11.5% |
Summary: Homes in Roselle had an average of 7 days on market in Jun 2024, up by 11.5% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 25 homes were sold in Roselle; 96% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.