Oswego Real Estate & Homes for Sale

In June 2025, Oswego’s housing market showed modest growth, with home prices increasing 0.7% year-over-year to a median of $360K. Homes are taking slightly longer to sell, averaging 46 days on the market compared to 41 days last year, suggesting a more measured pace of transactions. However, sales activity rose significantly, with 55 homes sold versus 36 last year, indicating steady buyer demand despite the slower turnaround. Overall, the market appears stable, with moderate price growth and increased sales volume.

Oswego is very competitive, with homes typically selling in about 44 days and many receiving multiple offers, some with waived contingencies. On average, properties sell for around 1% above the list price, while hot homes often attract strong competition, selling for about 4% above asking and going under contract in as little as 33 days. This reflects a market with strong buyer demand, where well-priced homes can sell quickly and at premium prices.

Oswego, IL is a balanced market in June 2025, meaning the supply of homes for sale is roughly equal to buyer demand, creating fair conditions for both parties. Neither buyers nor sellers hold a significant advantage, and most transactions occur near market value with moderate room for negotiation. Well-priced homes can still attract multiple offers and sell faster, but overall, the pace of sales and pricing trends indicate a stable and healthy market where both buyers and sellers have reasonable opportunities to secure favorable terms.