Bellwood, IL Home Values & Market Trends

Real estate market trends reflect that there have been 221 transactions over the past year in Bellwood. The median value for residential home transactions that occurred over the previous year is $208,525.15. The number of current listings in Bellwood is 11, and the percentage of properties for sale in the city is 11.00%. Bellwood, IL currently has 79 properties in foreclosure, 3 bank owned properties, 10 properties headed for auction, and 11 properties for sale.

Bellwood, IL Real Estate Market Overview

ZipMedian Est. Value
60104

$ 224,900

$ 192/sqft

Housing Market Summary for Bellwood, IL

Mar 2023February 2024Change
Median Listing Price$225K$211K-6.21%
Median Sold Price$235K$211K-10.20%
Homes For Sale169-43.75%
Homes Sold12814614.06%
Price
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Homes For Sale
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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%.

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Browse Homes in Bellwood, IL

Bellwood home values range from $37,675 to $451,228. The median estimated value of a home in Bellwood is $208,525.15. The median list price of a home is 224,900, and the total count of properties in the city is 5,326.

Foreclosure
There is 1 zips within Bellwood, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $333,584 in 60104 to the lowest value of $104,175 in 60104. Foreclosure homes account for 1.00% of properties in Bellwood, IL with 60104 containing 79 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.24% of all residential properties in Bellwood, IL with 60104 containing 66 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bellwood, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $333,584 in 60104 to the lowest home value of $132,210 in 60104.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bellwood, IL ranges from the highest value of $269,500 in 60104 to the lowest value of $237,500 in 60104. Bank owned homes and properties account for 0.06% of properties in Bellwood, IL. There is 1 zips within Bellwood, IL; 60104 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60104 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Bellwood, IL. Auction homes and other auction properties account for 0.19% of all properties in Bellwood, IL. There is 1 zips within Bellwood, IL; of that zips, the median estimated home value for homes going to auction ranges from $239,563 in 60104 to the lowest value of $104,175 in 60104.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Bellwood, IL with 60104 containing 11 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Bellwood, IL; homes for sale in that zips, have a range of median values from $345,900 in 60104 to the lowest value of $83,299 in 60104.
    Sold Homes
    The median value for recently sold homes ranges from $395,657 in 60104 to the lowest price of $80,886 in 60104. There is 1 zips within Bellwood, IL. 60104 has 125 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.35% of properties in Bellwood, IL.

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      Guide for Bellwood, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?