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Roscoe, IL Real Estate Market

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 Q4 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Roscoe, IL Housing Market Trends

With a population of 10,871, 3,884 total housing units (homes and apartments), and a median house value of $257,247, 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 73.50% 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 ( 17.58%), row houses and other attached homes ( 4.99%), and a few large apartment complexes or high rise apartments ( 2.79%).

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 72.52% of Roscoe's homes, and 69.20% 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. 52.56% 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 ( 40.63%), and between 1940-1969 ( 4.91%). There's also some housing in Roscoe built before 1939 ( 1.90%).

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 4.58%, which is lower than 70% of US communities.

Over the last year, Roscoe appreciation rates have trailed the rest of the nation. In the last twelve months, Roscoe's appreciation rate has been 9.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Roscoe were at 1.68%, which equates to an annual appreciation rate of 6.88%.

Relative to Illinois, our data show that Roscoe's latest annual appreciation rate is higher than 90% of the other cities and towns in Illinois.

Average Home Values

Median Home Value

$257,247

Roscoe, IL Home Prices
> $1,338,000
$1,004,001 - $1,338,000
$669,001 - $1,004,000
$535,001 - $669,000
$402,001 - $535,000
$268,001 - $402,000
$134,001 - $268,000
$67,001 - $134,000
$0 - $67,000
0.3%
0.3%
0.2%
0.2%
1.5%
1.5%
1.8%
1.8%
5.6%
5.6%
26.2%
26.2%
54.1%
54.1%
7.0%
7.0%
3.3%
3.3%
0% 100.0%
% of Homes
High

for Illinois

Average

for nation

Number of Homes And Apartments:

3,884

Roscoe Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,022 / per month

Homeownership Rate

Owners
Renters
Vacant
72.5%
72.5%
27.5%
27.5%
4.1%
4.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
52.6%
52.6%
40.6%
40.6%
4.9%
4.9%
1.9%
1.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.5%
73.5%
5.0%
5.0%
17.6%
17.6%
2.8%
2.8%
1.1%
1.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.7%
0.7%
1.8%
1.8%
19.4%
19.4%
42.6%
42.6%
26.6%
26.6%
8.8%
8.8%
0% 100.0%
% of Homes