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 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

$337,000

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,000(+12.3%)

Key Takeaway

Homes in Roselle have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Roselle was $337,000 in November 2024, up 12.3% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $189.9K$188.2K
-0.9%
2 $255K$260K
+2.0%
3 $320K$365K
+14.1%
4 $440K$430K
-2.3%
5+ $543K$653.5K
+20.3%

Summary: Roselle housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.9%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 14.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 20.3%.

Median Sold Price Compared To Nearby Cities

Roselle
+12.3%
Bloomingdale Township
+8.7%
Hanover Park
+7.9%
Schaumburg Township
+7.8%
Bloomingdale
+3.0%

Housing Supply in Roselle, IL

How many homes are available in Roselle, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5056+12.0%

Summary: The Roselle real estate market had 56 homes for sale in November 2024, a 12.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 913
+44.4%
3 2527
+8.0%
4 109
-10.0%
5+ 45
+25.0%

Summary: The Roselle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1714-17.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Roselle in November 2024, down by 17.6% month-over-month. Of the 14 sold homes, 43% were sold under asking, 21% were sold at asking, and 36% 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

Nov 2023Nov 2024CHANGE
10 Days18 Days+76.9%

Summary: Homes in Roselle had an average of 18 days on market in Nov 2024, up by 76.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 November 2024, 14 homes were sold in Roselle; 79% of homes were sold within 30 days, 21% 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 21 Days Ago

Newest Listings in Roselle, IL

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