Romeoville, IL Home Values & Market Trends

Real estate market trends reflect that there have been 450 transactions over the past year in Romeoville. The median value for residential home transactions that occurred over the previous year is $283,560.58. The number of current listings in Romeoville is 15, and the percentage of properties for sale in the city is 15.00%. Romeoville, IL currently has 112 properties in foreclosure, 4 bank owned properties, 14 properties headed for auction, and 15 properties for sale.

Romeoville, IL Real Estate Market Overview

ZipMedian Est. Value
60446

$ 309,905

$ 172/sqft

Housing Market Summary for Romeoville, IL

Apr 2023March 2024Change
Median Listing Price$252.5K$268.5K6.33%
Median Sold Price$266.6K$268.5K0.72%
Homes For Sale2214-36.36%
Homes Sold2682721.49%
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 Romeoville, IL

Romeoville home values range from $58,955 to $929,430. The median estimated value of a home in Romeoville is $283,560.58. The median list price of a home is 315,000, and the total count of properties in the city is 11,664.

Foreclosure
There is 1 zips within Romeoville, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $569,999 in 60446 to the lowest value of $194,941 in 60446. Foreclosure homes account for 0.00% of properties in Romeoville, IL with 60446 containing 112 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.81% of all residential properties in Romeoville, IL with 60446 containing 94 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Romeoville, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $569,999 in 60446 to the lowest home value of $194,941 in 60446.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Romeoville, IL ranges from the highest value of $369,404 in 60446 to the lowest value of $244,241 in 60446. Bank owned homes and properties account for 0.03% of properties in Romeoville, IL. There is 1 zips within Romeoville, IL; 60446 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60446 has 14 auction properties, the highest number of properties going to auction in a single zip in the state of Romeoville, IL. Auction homes and other auction properties account for 0.12% of all properties in Romeoville, IL. There is 1 zips within Romeoville, IL; of that zips, the median estimated home value for homes going to auction ranges from $365,685 in 60446 to the lowest value of $211,507 in 60446.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in Romeoville, IL with 60446 containing 15 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Romeoville, IL; homes for sale in that zips, have a range of median values from $409,000 in 60446 to the lowest value of $225,000 in 60446.
    Sold Homes
    The median value for recently sold homes ranges from $539,968 in 60446 to the lowest price of $103,397 in 60446. There is 1 zips within Romeoville, IL. 60446 has 285 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.44% of properties in Romeoville, IL.

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      Guide for Romeoville, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
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      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      A Guide to Foreclosure Financing and Refinancing
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      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
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      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Romeoville, IL

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