Oswego, IL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Oswego Housing Market Information

With 36,252 people, 11,114 houses or apartments, and a median cost of homes of $277,807, Oswego real estate is some of the most expensive in Illinois, although Oswego home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Oswego, accounting for 73.62% of the village's housing units. Other types of housing that are prevalent in Oswego include row houses and other attached homes ( 16.83%), large apartment complexes or high rise apartments ( 6.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.90%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oswego. Owner-occupied housing accounts for 86.80% of Oswego's homes, and 73.30% have either three or four bedrooms, which is average sized relative to America.

Oswego homes and real estate are some of the newest in America. 55.46% of Oswego's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Oswego real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 36.78%), and between 1940-1969 ( 4.06%). There's also some housing in Oswego built before 1939 ( 3.69%).

Oswego Home Appreciation Rates

Real estate appreciation rates in Oswego's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 1.80% during the period.

Over the last year, Oswego appreciation rates have trailed the rest of the nation. In the last twelve months, Oswego's appreciation rate has been 2.26%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Oswego were at 1.07%, which equates to an annual appreciation rate of 4.33%.

Relative to Illinois, our data show that Oswego's latest annual appreciation rate is lower than 60% of the other cities and towns in Illinois.

Average Home Values

 
info

Median Home Value:
$277,807

Oswego, IL HOME PRICES

> $1,163,000
0.3%
0.3%
$872,001 - $1,163,000
0.4%
0.4%
$581,001 - $872,000
1.0%
1.0%
$465,001 - $581,000
5.7%
5.7%
$349,001 - $465,000
19.4%
19.4%
$233,001 - $349,000
42.4%
42.4%
$116,001 - $233,000
27.5%
27.5%
$58,001 - $116,000
2.0%
2.0%
$0 - $58,000
1.2%
1.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for IL

Value Relative To Nation

Number Of Homes And Apartments:
11,114

Oswego Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
30.34% 1.29%
4
1
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,746 / per month

Homeownership Rate

Owners
86.8%
86.8%
Renters
13.2%
13.2%
Vacant
1.6%
1.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
55.5%
55.5%
1970 - 1999
36.8%
36.8%
1940 - 1969
4.1%
4.1%
1939 or Older
3.7%
3.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
73.6%
73.6%
Townhomes
16.8%
16.8%
Small Apt. Buildings
2.9%
2.9%
Apt. Complexes
6.4%
6.4%
Mobile Homes
0.0%
0.0%
Other
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.9%
0.9%
1 Bedroom
3.9%
3.9%
2 Bedrooms
15.4%
15.4%
3 Bedrooms
33.7%
33.7%
4 Bedrooms
39.6%
39.6%
5 or more bedrooms
6.5%
6.5%
0.0% 100.0%
% OF HOMES