Belleville, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,568 transactions over the past year in Belleville. The median value for residential home transactions that occurred over the previous year is $156,824.34. The number of current listings in Belleville is 157, and the percentage of properties for sale in the city is 157.00%. Belleville, IL currently has 206 properties in foreclosure, 19 bank owned properties, 29 properties headed for auction, and 157 properties for sale.
Belleville, IL Real Estate Market Overview
Housing Market Summary for Belleville, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $159.9K | $148.4K | -7.18% |
| Median Sold Price | $137.9K | $148.4K | 7.66% |
| Homes For Sale | 95 | 150 | 57.89% |
| Homes Sold | 851 | 849 | -0.24% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Belleville, IL
Browse Homes in Belleville, IL
Belleville home values range from $15,826 to $1,749,617. The median estimated value of a home in Belleville is $156,824.34. The median list price of a home is 152,000, and the total count of properties in the city is 25,265.
- Pre-ForeclosurePre-foreclosure homes account for 0.63% of all residential properties in Belleville, IL with 62221 containing 61 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Belleville, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,026,429 in 62221 to the lowest home value of $31,192 in 62223.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Belleville, IL ranges from the highest value of $161,625 in 62223 to the lowest value of $75,060 in 62226. Bank owned homes and properties account for 0.08% of properties in Belleville, IL. There are 4 zips within Belleville, IL; 62226 containing 7 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62221 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Belleville, IL. Auction homes and other auction properties account for 0.11% of all properties in Belleville, IL. There are 4 zips within Belleville, IL; of those zips, the median estimated home value for homes going to auction ranges from $278,701 in 62220 to the lowest value of $43,539 in 62220.
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