Bellwood Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $80,000
    10% ( $8,700 ) vs Aug 2013
  • Median Sales Price
    $105,000
    4% ( $4,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $58,000
    10% ( $5,500 ) vs Aug 2013
  • Foreclosures 278
    Homes for Sale 39
    Recently Sold 233

Market Summary

There are currently 278 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 39.

In September, the number of properties that received a foreclosure filing in Bellwood, IL was 19% lower than the previous month and 26% lower than the same time last year.

Home sales for August 2014 were up 91% compared with the previous month, and up 31% compared with a year ago. The median sales price of a non-distressed home was $105,000. The median sales price of a foreclosure home was $58,000, or 45% lower than non-distressed home sales.

Sales Prices - Bellwood, IL




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$58,000 (Median Foreclosure Sales Price) $52,500 (Median Foreclosure Sales Price) $52,500 (Median Foreclosure Sales Price) $59,500 (Median Foreclosure Sales Price) $54,000 (Median Foreclosure Sales Price) $55,250 (Median Foreclosure Sales Price) $105,000 (Median Sales Price) $101,000 (Median Sales Price) $110,000 (Median Sales Price) $110,000 (Median Sales Price) $81,000 (Median Sales Price) $75,250 (Median Sales Price) $58,000 (Median Foreclosure Sales Price) $52,500 (Median Foreclosure Sales Price) $52,500 (Median Foreclosure Sales Price) $59,500 (Median Foreclosure Sales Price) $54,000 (Median Foreclosure Sales Price) $55,250 (Median Foreclosure Sales Price) $105,000 (Median Sales Price) $101,000 (Median Sales Price) $110,000 (Median Sales Price) $110,000 (Median Sales Price) $81,000 (Median Sales Price) $75,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elmhurst
82
16.3
% (y-o-y)
$378,500
14.2
% (y-o-y)
39.2%
29.6
% (y-o-y)
Oak Park
69
49.3
% (y-o-y)
$377,500
14.4
% (y-o-y)
33.4%
74.2
% (y-o-y)
Willowbrook
53
36.9
% (y-o-y)
$265,000
10.9
% (y-o-y)
Data not available
Hinsdale
45
27.4
% (y-o-y)
$822,000
6.2
% (y-o-y)
41.4%
49.8
% (y-o-y)
Elmwood Park
42
46.2
% (y-o-y)
$211,250
25.4
% (y-o-y)
37.5%
31.2
% (y-o-y)
Melrose Park
40
55.1
% (y-o-y)
$130,000
4.4
% (y-o-y)
27.3%
32.1
% (y-o-y)
Brookfield
28
51.7
% (y-o-y)
$223,750
15.9
% (y-o-y)
22.5%
35.8
% (y-o-y)
Forest Park
26
3.7
% (y-o-y)
$171,500
3.9
% (y-o-y)
70.8%
57.3
% (y-o-y)
Franklin Park
22
26.7
% (y-o-y)
$146,750
7.1
% (y-o-y)
18.2%
17.5
% (y-o-y)
Maywood
20
44.4
% (y-o-y)
$65,250
45.0
% (y-o-y)
50.2%
25.6
% (y-o-y)

Local Info For Bellwood

Population:
19,114
Cost of Living Index: 109.49
Crime Index: 181.15     Rating: C View crime details
Schools: 5    Average School Rating: D+ View individual school rating
Household Median Income: $57,723
Unemployment: 6.70%
Percentage of vacant homes: 9.60%