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Sarah Mitchell

CNESRESABR

Compass Real Estate · Romeoville, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Romeoville, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Romeoville, IL Housing Market & Real Estate

Seller's market+7.3% YoY

Housing market overview · Updated monthly ·

$335,000median sale price

How is the Romeoville, IL housing market right now?

The median home sale price in Romeoville, IL is $335,000, up 7.3% year-over-year. Homes sell in an average of 45 days with 97 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Romeoville a buyer's or seller's market?

Seller's market2.8 months of supply45 avg. days on market

Romeoville, IL is currently a seller's market, based on 2.8 months of supply and homes selling in about 45 days. How we determine this →

Homes sold

35

Last 12 weeks

Days on market

45

Average pace

Active listings

97

2.8 months supply

Sale-to-list

100.5%

Above asking

What does the Romeoville housing market data show?

Current housing market statistics for Romeoville, IL
MetricValue
Median sale price$335,000
Median list price$335,000
Year-over-year price change+7.3%
Average days on market45 days
Active inventory97 listings
Months of supply2.8 months
Sale-to-list price ratio100.5%
Median price per sq ft$190/sq ft
Homes sold (latest month)35
New listings (latest month)51
Listings with a price cut10.3%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Romeoville by property type?

How the Romeoville, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Romeoville, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$355,000$191/sq ft2350 days
Condo / Co-op$267,000$187/sq ft2113 days
Townhouse$305,000$189/sq ft1038 days

Source: Redfin · Updated monthly

The Romeoville housing market is currently classified as a seller's market with a median sale price of $335,000. Prices have risen 7.3% compared to last year, with homes spending an average of 45 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.

Homes for sale in Romeoville

There are currently 97 homes listed for sale in Romeoville, Illinois. The median listing price is $335K.

Active listings

97

Homes on market

Median list price

$335K

Avg. days on market

45

Days until sale

New this week

51

Newly listed

Price drops:10.3%of listings
Sale-to-list:100.5%

Who lives in Romeoville?

Population

40,996

Median income

$100,022/yr

Median age

35.5 years

Owner-occupied

82.3%

College grads

23.1%

Avg commute

31.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Romeoville?

Zillow home value

$323,928

Zillow rent index

$2,089/mo

Price-to-rent ratio

12.9x

Price-to-income

3.2x

Source: Zillow Research

What is it like to live in Romeoville?

Romeoville is a community of approximately 41K residents with a median age of 35.5 years.The median household income is $100,022, which reflects a relatively affluent area with strong earning potential. 23.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 82.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Romeoville offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Romeoville?

9 schools tracked · 5,600 students

The largest public schools serving Romeoville, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Romeoville High School

Grades 9-12 · 1,850 students

Public

John J Lukancic Middle Sch

Grades 6-8 · 611 students

Public

A Vito Martinez Middle School

Grades 6-8 · 610 students

Public

Robert C Hill Elem School

Grades K-5 · 549 students

Public

Skoff Elementary

Grades K-5 · 519 students

Public

Irene King Elem School

Grades PK-5 · 510 students

Public

Dr. James Mitchem Erly Chldhd Ctr

Grades PK · 509 students

Public

Kenneth L Hermansen Elementary

Grades K-5 · 442 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Romeoville, IL?

Want a head-to-head view? Compare Romeoville side-by-side with any other U.S. city using our market-comparison tool.

Is Romeoville a good real estate investment market?

For investors evaluating Romeoville, the price-to-rent ratio of 12.9x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 7.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Romeoville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Romeoville's median home price.

Frequently asked questions

What is the average home price in Romeoville?

The median home sale price in Romeoville is $335,000, up 7.3% from last year.

How long do homes stay on market in Romeoville?

Homes typically spend 45 days on market before going under contract.

What is the median income in Romeoville?

The median household income is $100,022 per year.

Is Romeoville a buyer's or seller's market?

With 2.8 months of supply, Romeoville is currently a seller's market.

What is the Zillow home value estimate for Romeoville?

The Zillow Home Value Index (ZHVI) for Romeoville is $323,928, representing the typical home value in the area.

What is the median condo price in Romeoville?

The median condo/co-op sale price in Romeoville, IL is $267,000, compared to $355,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Romeoville?

The median single-family home price in Romeoville, IL is $355,000 (about $191 per square foot).

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