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Short Sale Listings in Bellwood, IL 60104

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Bellwood, IL Foreclosures

How much do homes sell for in Bellwood, IL?
The average home price is currently $258,382.
In Bellwood, IL, how many homes are available?
There are currently 76 active home listings available in Bellwood.
What’s the average rental cost in Bellwood, IL?
The average rental price in Bellwood is $1,559.
What is the most expensive home in Bellwood?
The most expensive home sold in Bellwood had a price of $6,910,296.
What is currently the cheapest priced home in Bellwood, IL?
The cheapest home for sale in Bellwood is priced at $23,061.

Living in Bellwood, IL

Bellwood, IL, is a thriving village that offers a family-friendly atmosphere with ample amenities. Residents benefit from access to local parks, schools, and diverse dining options. Its proximity to Chicago makes it a suitable location for commuters seeking both community and connectivity.

Current Market Conditions in Bellwood, IL

The real estate market in Bellwood is currently seeing a balanced trend, with an increase in home values alongside stable inventory levels. Demand for homes has risen modestly as buyers are attracted to the affordable property prices and the community’s growing amenities.

In recent months, this area has experienced a gradual rise in home sales, indicating a healthy real estate environment. More buyers are venturing into Bellwood as they seek homes that offer space, community vibe, and a suburban lifestyle.

Home Value Estimator For Bellwood, IL

There are currently 6,102 real estate properties in Bellwood, IL, with a median automated valuation model (AVM) price of $253,252.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bellwood, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bellwood, IL, is $258,382.00, with the most expensive house in Bellwood, IL, topping out at $6,910,296.00 and the cheapest home in Bellwood, IL, clocking in at $23,061.00. In other words, there’s something for every potential homebuyer or savvy investor in Bellwood, IL!

Rent Prices In Bellwood, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bellwood, IL, is on a rollercoaster ride. The average rent price in Bellwood, IL, is $1,559.00. Indeed, when looking to rent in Bellwood, IL, you can expect to pay as little as $670.00 or as much as $3,360.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Bellwood, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Bellwood, IL 60104 Short Sale Listings

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