Oswego, IL Home Values & Market Trends

Real estate market trends reflect that there have been 497 transactions over the past year in Oswego. The median value for residential home transactions that occurred over the previous year is $382,703.68. The number of current listings in Oswego is 13, and the percentage of properties for sale in the city is 13.00%. Oswego, IL currently has 23 properties in foreclosure, 4 bank owned properties, 8 properties headed for auction, and 13 properties for sale.

Oswego, IL Real Estate Market Overview

ZipMedian Est. Value
60543

$ 388,274

$ 182/sqft

Housing Market Summary for Oswego, IL

Mar 2023February 2024Change
Median Listing Price$327.4K$366.2K11.83%
Median Sold Price$339.5K$366.2K7.87%
Homes For Sale1813-27.78%
Homes Sold400380-5.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Oswego, IL

Oswego home values range from $30,845 to $1,774,713. The median estimated value of a home in Oswego is $382,703.68. The median list price of a home is 329,900, and the total count of properties in the city is 13,052.

Foreclosure
There is 1 zips within Oswego, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $639,898 in 60543 to the lowest value of $128,510 in 60543. Foreclosure homes account for 0.00% of properties in Oswego, IL with 60543 containing 23 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Oswego, IL with 60543 containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Oswego, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $524,750 in 60543 to the lowest home value of $218,259 in 60543.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Oswego, IL ranges from the highest value of $505,863 in 60543 to the lowest value of $303,713 in 60543. Bank owned homes and properties account for 0.03% of properties in Oswego, IL. There is 1 zips within Oswego, IL; 60543 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60543 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Oswego, IL. Auction homes and other auction properties account for 0.06% of all properties in Oswego, IL. There is 1 zips within Oswego, IL; of that zips, the median estimated home value for homes going to auction ranges from $639,898 in 60543 to the lowest value of $128,510 in 60543.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.10% of residential properties in Oswego, IL with 60543 containing 13 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Oswego, IL; homes for sale in that zips, have a range of median values from $643,057 in 60543 to the lowest value of $79,316 in 60543.
    Sold Homes
    The median value for recently sold homes ranges from $1,333,083 in 60543 to the lowest price of $60,606 in 60543. There is 1 zips within Oswego, IL. 60543 has 363 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.78% of properties in Oswego, IL.

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      Guide for Oswego, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      How Much Should You Spend On Your First Home?
      Buy to Rent
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Buying your first home is an exciting and significant milestone in life. It’s a decision that requires careful consideration, especially when it comes to finances. Understanding how much you should spend on your first home is crucial to ensure a smooth and stress-free buying process. In this article, we will explore the basics of home […]

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      Buy to Rent|posted 5 March 2024

      Learn how to select the perfect property management tool for your real estate business.

      6 Tips For Dealing With Difficult Tenants
      Buy to Rent|posted 5 March 2024

      Discover 6 practical tips to effectively handle challenging tenants and maintain a harmonious landlord-tenant relationship.

      Recently Listed Homes Oswego, IL

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