Low Inventory Continues In Oswego, IL

Managing Real Estate Broker with Heart Realty Group, Inc.. IL-471.002355

April, 2023 is half way done and along with the unusually warm  weather the real estate market in Oswego has to contend with very low single family home availabilty.  As of today, April 14, 2023 there are only 13 single  family homes in the "existing" or  "used" home category of the 27 total available in the MRED database for Oswego.

Of those 13 - 4 are home listed for over $1M so currently there are only 9 homes listed for home buyers that want an  existing home that is not new construction!

The price range is from $320K to $470K for a "used" home.   New construction prices start at $399,900 for a ranch home with a partial basement to $676K home with 4 bedrooms, 4 baths, 3 car garage and full basement home.

In the detached single family home there are only 4 homes available  - 2 existing and 2 new construction!   

It's a great time  to sell a home in Oswego but buying one will be a challenge!

Posted by

Evelyn Santiago

Managing Broker/Owner - 630-251-0059

Heart Realty Group, Inc.

We are Passionate About Real Estate!

Comments (2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Evelyn and thank you for your market report to share with us here in the Rain.  Make it a great weekend.

Apr 14, 2023 08:40 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Evelyn Santiago, Managing Broker Heart Realty Group, Inc. inventory is also very low here in CT, which has been making it difficult for Buyers to find homes to purchase.

Apr 14, 2023 01:08 PM