Is Roselle, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$310,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Roselle was $310,000 in April 2024, up 7.5% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.3K | $210K | +40.6% |
2 Bedrooms | $240K | $265K | +10.4% |
3 Bedrooms | $321K | $331.1K | +3.2% |
4 Bedrooms | $410K | $433.8K | +5.8% |
5+ Bedrooms | $485K | $625K | +28.9% |
Summary: Roselle housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.6%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 28.9%.
Median Sold Price Compared To Nearby Cities
Schaumburg Township | $274.4K | $306.2K | +11.6% |
Bloomingdale Township | $290K | $315K | +8.6% |
Roselle | $288.4K | $310K | +7.5% |
Bloomingdale | $335K | $350.9K | +4.8% |
Hanover Park | $275K | $281.6K | +2.4% |
Housing Supply in Roselle, IL
How many homes are available in Roselle, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 57 | +11.8% |
Summary: The Roselle real estate market had 57 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Roselle housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Roselle in April 2024, the same as the previous month. Of the 18 sold homes, 17% were sold under asking, 6% were sold at asking, and 78% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 12 Days | +4.4% |
Summary: Homes in Roselle had an average of 12 days on market in Apr 2024, up by 4.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Roselle; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.