Oswego, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Oswego Neighborhoods Since 2000




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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Oswego Housing Market Information

With a population of 33,955, 10,271 total housing units (homes and apartments), and a median house value of $241,216, Oswego real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Oswego, accounting for 72.03% of the village's housing units. Other types of housing that are prevalent in Oswego include row houses and other attached homes ( 18.76%), large apartment complexes or high rise apartments ( 6.52%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.70%).

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 82.44% of Oswego's homes, and 74.40% 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. 55.58% 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 ( 36.53%), and between 1940-1969 ( 4.68%). There's also some housing in Oswego built before 1939 ( 3.21%).

Oswego Home Appreciation Rates

Homes have actually lost value in Oswego over the last then years, as home values have seen a decline of 19.64% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Oswego home appreciation rates at 0.43%, which equates to an annual appreciation rate of 1.74%.

NeighborhoodScout's data show that during the latest twelve months, Oswego's appreciation rate, at 4.68%, has been at or slightly above the national average. In the latest quarter, Oswego's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

Relative to Illinois, our data show that Oswego's latest annual appreciation rate is higher than 80% of the other cities and towns in Illinois.

Average Home Values

 

Median Home Value:
$241,216

Oswego, IL HOME PRICES

Value Range
> $1,122,000 0.3
$842,001 - $1,122,000 0.2
$561,001 - $842,000 1.4
$449,001 - $561,000 4.0
$337,001 - $449,000 12.8
$224,001 - $337,000 41.3
$112,001 - $224,000 33.7
$56,001 - $112,000 3.7
$0 - $56,000 2.7

Very High for IL
High for Nation

Value Relative to Nation Value Relative to State
23.9306222899332 16.2025316455696

Number Of Homes And Apartments:
10,271

Oswego Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
11.43% 0.63% 3 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,557 / per month

Homeownership Rate

Homeownership
Owners 82.44
Renters 17.56
Vacant 2.53

Housing Market Details

 

Age of Homes

AGE OF Oswego HOMES
2000 or Newer 55.6
1970 - 1999 36.5
1940 - 1969 4.7
1939 or Older 3.2

Types of Homes

TYPE OF Oswego HOMES
Single-Family 72.0
Townhomes 18.8
Small Apt. Buildings 2.7
Apt. Complexes 6.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Oswego HOMES
No Bedroom 2.30
1 Bedroom 1.14
2 Bedrooms 16.20
3 Bedrooms 35.46
4 Bedrooms 38.94
5 or more bedrooms 5.97