Roscoe, IL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Roscoe Neighborhoods Since 2000




Roscoe, 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

Roscoe Housing Market Information

With 10,565 people, 3,801 houses or apartments, and a median cost of homes of $156,243, Roscoe real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Roscoe, accounting for 68.43% of the village's housing units. Other types of housing that are prevalent in Roscoe include duplexes, homes converted to apartments or other small apartment buildings ( 17.63%), large apartment complexes or high rise apartments ( 6.70%), and a few row houses and other attached homes ( 3.65%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Roscoe. Owner-occupied housing accounts for 71.42% of Roscoe's homes, and 70.50% have either three or four bedrooms, which is average sized relative to America.

Roscoe homes and real estate are some of the newest in America. 47.68% of Roscoe'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 Roscoe real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.33%), and between 1940-1969 ( 5.33%). There's also some housing in Roscoe built before 1939 ( 3.68%).

Roscoe Home Appreciation Rates

Roscoe's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Roscoe during the period has been just -1.75%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Roscoe's appreciation rate, at 3.90%, has been at or slightly above the national average. In the latest quarter, Roscoe's appreciation rate has been -1.84%, which annualizes to a rate of -7.16%.

Notably, Roscoe's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Illinois, our data show that Roscoe's latest annual appreciation rate is higher than 70% of the other cities and towns in Illinois.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Roscoe differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Roscoe - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Roscoe real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$156,243

Roscoe, IL HOME PRICES

Value Range
> $1,020,000 0.5
$764,001 - $1,020,000 0.0
$509,001 - $764,000 0.7
$408,001 - $509,000 1.6
$306,001 - $408,000 4.5
$204,001 - $306,000 17.6
$102,001 - $204,000 65.8
$51,001 - $102,000 7.1
$0 - $51,000 2.1

High for IL
Average for Nation

Value Relative to Nation Value Relative to State
47.3104418141334 39.4936708860759

Number Of Homes And Apartments:
3,801

Roscoe 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
3.99% 0.23% 2 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,150 / per month

Homeownership Rate

Homeownership
Owners 71.42
Renters 28.58
Vacant 4.98

Housing Market Details

 

Age of Homes

AGE OF Roscoe HOMES
2000 or Newer 47.7
1970 - 1999 43.3
1940 - 1969 5.3
1939 or Older 3.7

Types of Homes

TYPE OF Roscoe HOMES
Single-Family 68.4
Townhomes 3.7
Small Apt. Buildings 17.6
Apt. Complexes 6.7
Mobile Homes 3.6
Other 0.0

Home Size

SIZE OF Roscoe HOMES
No Bedroom 0.00
1 Bedroom 3.72
2 Bedrooms 21.95
3 Bedrooms 50.58
4 Bedrooms 19.93
5 or more bedrooms 3.82