Bellwood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $99,900
    5% ( $5,050 ) vs Dec 2013
  • Median Sales Price
    $90,000
    4% ( $4,000 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $59,000
    12% ( $6,500 ) vs Dec 2013
  • Foreclosures 261
    Homes for Sale 40
    Recently Sold 157

Market Summary

There are currently 261 properties in Bellwood, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 40.

In January, the number of properties that received a foreclosure filing in Bellwood, IL was 26% lower than the previous month and 9% lower than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $90,000. The median sales price of a foreclosure home was $59,000, or 34% lower than non-distressed home sales.

Sales Prices - Bellwood, IL




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$59,000 (Median Foreclosure Sales Price) $52,500 (Median Foreclosure Sales Price) $59,000 (Median Foreclosure Sales Price) $59,000 (Median Foreclosure Sales Price) $58,000 (Median Foreclosure Sales Price) $52,500 (Median Foreclosure Sales Price) $90,000 (Median Sales Price) $94,000 (Median Sales Price) $106,500 (Median Sales Price) $101,000 (Median Sales Price) $105,000 (Median Sales Price) $101,000 (Median Sales Price) $59,000 (Median Foreclosure Sales Price) $52,500 (Median Foreclosure Sales Price) $59,000 (Median Foreclosure Sales Price) $59,000 (Median Foreclosure Sales Price) $58,000 (Median Foreclosure Sales Price) $52,500 (Median Foreclosure Sales Price) $90,000 (Median Sales Price) $94,000 (Median Sales Price) $106,500 (Median Sales Price) $101,000 (Median Sales Price) $105,000 (Median Sales Price) $101,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Maywood
20
31.0
% (y-o-y)
$117,000
67.1
% (y-o-y)
66.7%
34.3
% (y-o-y)
Elmwood Park
19
62.7
% (y-o-y)
$150,000
11.8
% (y-o-y)
0.7%
11.8
% (y-o-y)
Melrose Park
14
77.8
% (y-o-y)
$130,000
0.0
% (y-o-y)
9.6%
19.2
% (y-o-y)
Oak Park
12
76.9
% (y-o-y)
$291,000
5.1
% (y-o-y)
36.4%
40.6
% (y-o-y)
Franklin Park
9
62.5
% (y-o-y)
$135,000
4.4
% (y-o-y)
20.7%
4.1
% (y-o-y)
Broadview
9
43.8
% (y-o-y)
$125,000
12.3
% (y-o-y)
41.6%
66.1
% (y-o-y)
Westchester
7
74.1
% (y-o-y)
$205,000
8.3
% (y-o-y)
26.8%
32.6
% (y-o-y)
Elmhurst
6
86.4
% (y-o-y)
$320,000
6.7
% (y-o-y)
Data not available
Brookfield
5
87.8
% (y-o-y)
$235,000
13.5
% (y-o-y)
66.8%
37.2
% (y-o-y)
Forest Park
4
76.5
% (y-o-y)
$215,000
0.7
% (y-o-y)
72.1%
38.1
% (y-o-y)

Local Info For Bellwood

Population:
19,114
Cost of Living Index: 109.49
Crime Index: 189.84     Rating: C View crime details
Schools: 5    Average School Rating: D+ View individual school rating
Household Median Income: $57,723
Unemployment: 6.00%
Percentage of vacant homes: 9.60%