How Competitive is the Roselle, IL Housing Market?
Roselle, a city near Chicago, IL, is a highly competitive housing market. About 60% of homes sold above list price in the 3 months ending June 2026, with homes selling at 101% of asking on average.
The National Picture
Across the U.S., 24.6% of homes sold above list price in June 2026. Roselle more than doubles that rate at 60.1%, making it one of the more intense markets in the Chicago metro. The national sale-to-list ratio of 98.3% also pales next to the local 100.8%.
A 28 Percent Price Surge Draws Attention
Prices surged 28% year over year to $435,000—the largest appreciation in this metro comparison—yet 60% of homes still sold above asking. Active listings rose 27%, but the 71.4% off-market-in-two-weeks rate shows demand absorbed most of that new supply instantly. Nearby Hanover Park (71% sold above) is the only neighboring market with more overbidding, while Bartlett (52%) and Schaumburg (52%) are both cooler.
Why is Roselle Highly Competitive?
Roselle is highly competitive because surging demand has overwhelmed a small market with very few homes available at any given time. At 3.3 months of supply, the market tilts firmly toward sellers. Pending sales surged 18% year over year, confirming strong buyer demand. Despite 15% of listings carrying price drops, the high sold-above rate shows correctly priced homes still attract bidding wars. A 1-day increase in days on market has not eased the competition.
Nearby Neighborhoods
| Neighborhood | Sold Above List | Sale-to-List | Days on Market | Off Mkt in 2 Wks |
|---|---|---|---|---|
| Roselle | 60.1% | 100.8% | 41 days | 71.4% |
| Village of Roselle | 55.4% | 101.0% | 41 days | 70.8% |
| Bartlett, IL | 51.9% | 101.1% | 44 days | 60.0% |
| Hanover Park, IL | 70.8% | 102.2% | 40 days | 65.9% |
| Schaumburg, IL | 52.2% | 100.6% | 44 days | 61.4% |
| Hoffman Estates, IL | 57.2% | 101.6% | 44 days | 64.8% |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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