Is Roscoe Township, 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, Roscoe Township has remained a Seller's Market.
Housing Prices in Roscoe Township, IL
How much do homes in Roscoe Township, IL cost?
Median Sold Price
$265,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Roscoe Township was $265,000 in April 2024, down 1.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $478K | - | N/A |
2 Bedrooms | $147K | $166K | +12.9% |
3 Bedrooms | $230.2K | $249.9K | +8.5% |
4 Bedrooms | $315K | $300K | -4.8% |
5+ Bedrooms | $384.9K | $407.5K | +5.9% |
Summary: Roscoe Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
Rockton Township | $214.9K | $240K | +11.7% |
Roscoe | $251K | $275K | +9.6% |
Rockton | $248K | $255K | +2.8% |
Roscoe Township | $270K | $265K | -1.9% |
Housing Supply in Roscoe Township, IL
How many homes are available in Roscoe Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 50 | +25.0% |
Summary: The Roscoe Township real estate market had 50 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 16 | 23 | +43.8% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Roscoe Township 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 decreased by 12.5%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 19 | +35.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Roscoe Township in April 2024, up by 35.7% month-over-month. Of the 19 sold homes, 32% were sold under asking, 16% were sold at asking, and 53% were sold over asking.
Days on Market for Roscoe Township, IL
How long does it take to sell a home in Roscoe Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 16 Days | -51.0% |
Summary: Homes in Roscoe Township had an average of 16 days on market in Apr 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in Roscoe Township; 89% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.