Is Rosewood Heights, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rosewood Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Rosewood Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rosewood Heights, IL

How much do homes in Rosewood Heights, IL cost?

Median Sold Price

$270,000

$212/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$20,000(+8.0%)

Key Takeaway

Homes in Rosewood Heights have sold for 8% more than they did a month ago.

Summary: The median home sold price in Rosewood Heights was $270,000 in March 2024, up 8% from last month, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $250K$270K
+8.0%
4 --
N/A
5+ --
N/A

Summary: Rosewood Heights housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rosewood Heights, IL

How many homes are available in Rosewood Heights, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
43-25.0%

Summary: The Rosewood Heights real estate market had 3 homes for sale in March 2024, a 25.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Rosewood Heights 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rosewood Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Rosewood Heights in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Rosewood Heights, IL

How long does it take to sell a home in Rosewood Heights, IL?

Average Sale Time

Feb 2024Mar 2024CHANGE
54 Days12 Days-77.8%

Summary: Homes in Rosewood Heights had an average of 12 days on market in Mar 2024, down by 77.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rosewood Heights are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Rosewood Heights; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in Rosewood Heights, IL

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