Housing Market Report for Oswego Community Unit School District 308, IL

This housing market report uses absorption rates to track supply and demand for Oswego Community Unit School District 308, IL. With 2.4 months of inventory across all segments, conditions currently favor sellers — demand is outpacing supply, homes tend to sell quickly, and prices are likely holding firm or rising. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 21, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$350k – $375k

Absorption rate of 2.5, with 0.4 months of inventory.

Coolest Segment ❄️
$850k – $900k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$500k – $550k

24 active listings with 60 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.5 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 2 0.3 0 Seller's
275k-300k 3 7 0.4 2.6 Seller's
300k-325k 1 12 2 2 0.5 Seller's
325k-350k 3 13 1 0.7 1.4 Seller's
350k-375k 1 15 2 2.5 0.4 Seller's
375k-400k 4 30 7 1.3 0.8 Seller's
400k-425k 8 24 2 0.5 2 Seller's
425k-450k 14 39 7 0.5 2.2 Seller's
450k-475k 20 37 5 0.3 3.2 Balanced
475k-500k 24 59 12 0.4 2.4 Seller's
500k-550k 24 60 12 0.4 2.4 Seller's
550k-600k 24 48 6 0.3 3 Balanced
600k-650k 21 33 10 0.3 3.8 Balanced
650k-700k 10 15 6 0.3 4 Balanced
700k-750k 8 10 3 0.2 4.8 Balanced
750k-800k 3 5 1 0.3 3.6 Balanced
800k-850k 1 5 1 0.8 1.2 Seller's
850k-900k 3 3 1 0.2 6 Balanced
900k-950k 1 1 0.2 6 Balanced
950k-1m 2 0.3 0 Seller's
1m-1.1m 1 2 0.3 3 Balanced
1.1m-1.2m 2 0
1.2m-1.3m 2 0.3 0 Seller's
1.3m-1.4m 1 1 0.2 6 Balanced
1.7m-1.8m 1 0

Townhouses

Hottest Segment 🔥
$300k – $325k

Absorption rate of 0.9, with 1.1 months of inventory.

Coolest Segment ❄️
$250k – $275k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$375k – $400k

9 active listings with 27 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.3 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 2 0.3 0 Seller's
250k-275k 4 4 1 0.2 6 Balanced
275k-300k 6 20 6 0.6 1.8 Seller's
300k-325k 3 17 3 0.9 1.1 Seller's
325k-350k 8 23 2 0.5 2.1 Seller's
350k-375k 12 20 2 0.3 3.6 Balanced
375k-400k 9 27 6 0.5 2 Seller's
400k-425k 6 11 1 0.3 3.3 Balanced
425k-450k 2 7 2 0.6 1.7 Seller's
450k-475k 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$275k – $300k

Absorption rate of 1.1, with 0.9 months of inventory.

Coolest Segment ❄️
$200k – $225k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$275k – $300k

2 active listings with 13 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 1.2 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
100k-125k 1 0.2 0 Seller's
125k-150k 1 0.2 0 Seller's
150k-175k 2 0.3 0 Seller's
175k-200k 2 1 0.3 0 Seller's
200k-225k 2 1 0.1 12 Buyer's
225k-250k 5 1 0.8 0 Seller's
250k-275k 3 5 1 0.3 3.6 Balanced
275k-300k 2 13 3 1.1 0.9 Seller's
300k-325k 2 10 2 0.8 1.2 Seller's
325k-350k 2 8 2 0.7 1.5 Seller's
375k-400k 4 1 0.7 0 Seller's
400k-425k 1 1 0.2 0 Seller's
425k-450k 1 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$50k – $75k

Absorption rate of 0.

Coolest Segment ❄️
$475k – $500k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$475k – $500k

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 9 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
50k-75k 1 0
475k-500k 1 0.2 0 Seller's
650k-700k 1 0.2 0 Seller's
1.5m-1.6m 1 0
5m-6m 1 0