Are Home Prices Rising or Falling in Roselle, IL?
Few Chicago-area cities have seen price growth like Roselle. The median sale price surged to $429,716 in the 3 months ending August 2026, up 19.4% year over year. Here's why prices are moving this way and what it means on the ground.
The National Picture
Nationally, prices rose a more modest 2% in the three months ending August 2026, with the median at ~$399K. The average household earns roughly $88,000 and now spends about 34.4% of income on housing, an improvement of 1.6 points from a year ago. With 4 months of supply and about 20% of listings carrying price cuts, the national picture is one of slow, steady appreciation.
Home Prices in the Chicago Area
The typical Chicago-metro household earns about $99,000 annually, spending 35.1% on housing. Roselle's median of ~$430K is above the metro's midpoint but still well below what buyers pay in places like Naperville or Wheaton. The 19.4% jump has narrowed that gap considerably over the past year, though.
The Sharpest Price Jump in the Metro
Roselle's nearly 20% price surge is the steepest among the cities covered here. Over 55% of homes sold above asking, and the sale-to-list ratio came in at 100.8%. Homes sold in a median of 44 days, about the same as last year. The Village of Roselle neighborhood within the city also posted strong gains, with prices up about 15% to ~$442K.
Nearby Bartlett (~$445K) rose 8.5%, while Wheaton (~$525K) gained 6.0% and Downers Grove (~$550K) climbed 10.5%. Naperville, at a much higher ~$655K, gained a comparatively measured 4.7%. Roselle's pace of appreciation has far outstripped its neighbors.
Why Are Prices Rising in Roselle?
Strong buyer demand paired with limited inventory is driving the jump. Pending sales rose 11.3% year over year, outpacing the 8.4% increase in new listings. Supply sits at 2.0 months, keeping conditions tight. While active listings did increase about 17%, buyers have absorbed the new inventory quickly. Only 17.6% of listings carry a price cut, suggesting sellers can hold their asking prices with confidence.
Nearby Neighborhoods
| Neighborhood | Median Price | Price YoY | Price Drops | Months of Supply |
|---|---|---|---|---|
| Roselle ★ | $429,716 | +19.4% | 17.6% | 2.0 |
| Village of Roselle | $442,287 | +14.9% | 17.2% | 2.4 |
| Naperville | $654,567 | +4.7% | 20.9% | 2.2 |
| Bartlett | $444,706 | +8.5% | 12.6% | 1.6 |
| Wheaton | $524,653 | +6.0% | 15.7% | 1.9 |
| Downers Grove | $549,636 | +10.5% | 14.4% | 2.7 |
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 August 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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