In early October 2026, Redfin showed 38 townhomes for sale in Oswego with a median list price of about $342K (source). Townhomes and condos are often the most affordable way to buy in Oswego, and they’re popular with first-time buyers, downsizers and investors.
Buying a Townhome or Condo in Oswego: What to Check
- HOA dues and what they cover: exterior maintenance, snow removal, landscaping, insurance and amenities vary by community.
- Reserves and special assessments: a low reserve fund can mean big one-time bills later.
- Rental and pet rules: important if you might rent it out someday or have a large dog.
- Loan approval: some condo buildings aren’t FHA- or VA-approved, which can limit financing options.
- Attorney review: in Illinois your attorney reviews the contract and HOA documents during the attorney review period.
Schools and Location
Most of Oswego is in Oswego CUSD 308.
Taxes and Closing Costs
Oswego charges a $3.00 per $1,000 transfer tax, customarily paid by the buyer. Property taxes are paid a year in arrears, so you’ll get a credit from the seller at closing.
Frequently Asked Questions
How much do townhomes cost in Oswego, IL?
In early October 2026 Redfin showed 38 townhomes for sale in Oswego with a median list price of about $342K. Prices depend on size, age, garage and HOA amenities.
What should I ask about the HOA before buying a townhome or condo?
Ask what the monthly dues cover, how much is in the reserve fund, whether any special assessments are planned, and what the rules are on rentals, pets and exterior changes.
What documents does an Illinois condo seller have to provide?
Under Section 22.1 of the Illinois Condominium Property Act, a condo seller must provide the buyer with association documents on request, including the declaration and bylaws, rules, the current budget and financial statement, and information about reserves and any pending special assessments.
Can I use an FHA loan to buy a condo?
Only if the condo project is FHA-approved or the unit qualifies for single-unit approval. Check approval early, because it can rule out some buildings for FHA buyers.
Is there a transfer tax on townhomes in Oswego?
Oswego charges a $3.00 per $1,000 transfer tax, customarily paid by the buyer. Illinois also charges $1.00 per $1,000 and the county $0.50 per $1,000, customarily paid by the seller.
Work With a Local, Bilingual Agent
I’ll help you compare Oswego townhome and condo communities, read the HOA documents and write a strong offer.