The average sale price for a traditional sell (not a short sale or a foreclosure) in Bellwood was $135,500 in April ’16, which is slightly lower than last month. The average price of a 2 bedroom home was $96,500, and the average of a 3 bedroom home was $144,100.
There were 46 homes that were available for sale in Bellwood during the month of April. The average time a home sat on the market is 70 days, meaning that the market is staying hot. The inventory of homes available is less than the number of buyers looking for homes. The number of homes available for sale at the end of the month was 42, compared to 90 homes in April ‘15, to compare. This makes any home that comes onto the market a hot commodity, which could lead to increased prices in the future. Questions about buying a home or sell your home in Bellwood IL Feel free to contact me!