Belleville, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,652 transactions over the past year in Belleville. The median value for residential home transactions that occurred over the previous year is $193,981. The number of current listings in Belleville is 1,489, and the percentage of properties for sale in the city is 1489.00%. Belleville, IL currently has 202 properties in foreclosure, 31 bank owned properties, 26 properties headed for auction, and 1,489 properties for sale.
Belleville, IL Real Estate Market Overview
Housing Market Summary for Belleville, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $154.9K | $169.9K | 9.68% |
| Median Sold Price | $175.8K | $190.6K | 8.39% |
| Homes For Sale | 709 | 1,471 | 107.48% |
| Homes Sold | 706 | 532 | -24.65% |
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 $15,500 to $2,500,000. The median estimated value of a home in Belleville is $193,981. The median list price of a home is 169,900, and the total count of properties in the city is 2,401.
- Pre-ForeclosurePre-foreclosure homes account for 6.04% of all residential properties in Belleville, IL with 62226 containing 47 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 $691,367 in 62221 to the lowest home value of $30,000 in 62223.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Belleville, IL ranges from the highest value of $352,509 in 62221 to the lowest value of $32,500 in 62223. Bank owned homes and properties account for 1.29% of properties in Belleville, IL. There are 4 zips within Belleville, IL; 62226 containing 17 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62223 has 9 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 1.08% 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 $166,784 in 62223 to the lowest value of $35,000 in 62223.
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More Real Estate Resources for Belleville, IL
Guide for Belleville, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
