Oswego Homes for Sale
Find your dream homes for sale in Oswego, IL, known for its popular attractions.
Find your dream homes for sale in Oswego, IL, known for its popular attractions.
The real estate market in Oswego is moderately competitive. On average, homes in Oswego attract 3 offers and are typically sold within 48 days. Last month, the median sales price for a home in Oswego reached $358,000, which marks a 15.5% increase from the previous year. Furthermore, the median sales price per square foot in Oswego stands at $172, showing an 8.5% rise since last year.
Median Sale Price
# of Homes Sold
Median Days on Market
As of November 2023, the Oswego housing market witnessed a significant increase of 15.5% in home prices compared to the previous year, with homes selling at a median price of $358,000. Homes in Oswego are selling faster, averaging 48 days on the market, a decrease from the 67 days observed last year.
The number of homes sold in November this year rose to 43, compared to 35 in the same month last year. This data indicates a growing demand in the Oswego real estate market, characterized by higher prices, quicker sales, and an increase in the number of homes sold, suggesting a robust and active market.
The real estate market in Oswego is moderately competitive. Properties typically take about 49 days to sell. There is a trend of some homes receiving multiple offers, indicating a certain level of demand. On average, homes in Oswego sell at or near their listing price and usually go under contract around the 49-day mark.
Particularly sought-after homes, often referred to as 'hot homes', may sell for approximately 2% above the asking price and tend to go under contract more rapidly, often within about 36 days. This suggests that while the market is fairly balanced, homes with high demand features are able to command a premium and sell more quickly.
People relocating to Oswego are mainly coming from various metropolitan areas across the country, with about 3% of homebuyers seeking to move to Oswego from metros outside the region. The greatest interest in moving to Oswego is seen from individuals in New York City, with St. Louis and San Francisco following close behind.
Conversely, residents of Oswego who are considering moving tend to prefer staying local, as 87% of Oswego homebuyers are looking for properties within the Oswego metropolitan area itself. However, for those seeking to move out of Oswego, Cape Coral emerges as the top destination, with South Bend and Phoenix also being popular choices. This trend suggests a strong inclination among Oswego residents to stay within the area, though there's a noticeable interest in moving to specific other locations like Cape Coral, South Bend, and Phoenix.
Primary phone
(630) 667-7562Secondary phone
(630) 283-2089Website
http://lorijohanneson.comLicense Number
#475131610Address
1003 South Washington Street, Suite 137,Get to Know Me
Lori Johanneson is a top-performing Naperville Realtor with a strong emphasis on client care.
In today's modern Real Estate market, having an experienced and highly knowledgeable Real Estate professional by your side is more important than ever. With over 20 years of experience, Lori's unmatched dedication to helping her clients get what they want is precisely what sets her apart from the competition. Listening carefully to her client's needs to help them meet their goals is Lori's top priority. Meanwhile, professionalism, intimate market knowledge, and tactical negotiating skills allow her to provide her clients with renowned exceptional service.
Continuous communication, weekly market updates, and a five-star experience are just a few of the things Lori's clients can expect to receive after choosing to work with her. Lori is proudly committed to making each transaction rewarding, both personally and professionally.
Lori is an accomplished athlete and published MBA graduate with articles/coursework in the areas of small business entry strategy, cultural improvement, activity-based costing, and e-business analysis.
Our unmatched dedication to helping our clients get what they want is precisely what sets us apart from the competition. Connect with us today to learn how we can help you maximize your home sale.
