Is Bridgeview, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bridgeview has remained a Seller's Market.
Housing Prices in Bridgeview, IL
How much do homes in Bridgeview, IL cost?
Median Sold Price
$270,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bridgeview was $270,000 in April 2024, up 6.3% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $115K | N/A |
2 Bedrooms | $140K | $219K | +56.5% |
3 Bedrooms | $261.8K | $277.9K | +6.1% |
4 Bedrooms | $273.9K | $270K | -1.4% |
5+ Bedrooms | $323K | $340K | +5.3% |
Summary: Bridgeview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Hickory Hills | $264K | $313.5K | +18.8% |
Burbank | $265K | $290K | +9.4% |
Bridgeview | $254K | $270K | +6.3% |
Justice | $255K | $261.5K | +2.5% |
Housing Supply in Bridgeview, IL
How many homes are available in Bridgeview, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 26 | +30.0% |
Summary: The Bridgeview real estate market had 26 homes for sale in April 2024, a 30.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Bridgeview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Bridgeview in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Bridgeview, IL
How long does it take to sell a home in Bridgeview, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 16 Days | +69.1% |
Summary: Homes in Bridgeview had an average of 16 days on market in Apr 2024, up by 69.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Bridgeview; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.