Is Bellevue, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bellevue has remained a Seller's Market.
Housing Prices in Bellevue, IL
How much do homes in Bellevue, IL cost?
Median Sold Price
$84,500
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bellevue was $84,500 in March 2024, down 2.9% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $51K | N/A |
2 Bedrooms | $66.9K | $69.9K | +4.6% |
3 Bedrooms | $90K | $167.5K | +86.1% |
4 Bedrooms | $167.5K | $277.5K | +65.7% |
5+ Bedrooms | - | - | N/A |
Summary: Bellevue housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 86.1%, 4 bedroom homes increased by 65.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Limestone Township | $132K | $139.9K | +6.0% |
Peoria | $124.9K | $125.7K | +0.6% |
Peoria City Township | $105.5K | $105.6K | 0.1% |
Bellevue | $87K | $84.5K | -2.9% |
Housing Supply in Bellevue, IL
How many homes are available in Bellevue, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Summary: The Bellevue real estate market had 3 homes for sale in March 2024, a 200.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 0 | 2 | +100.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bellevue housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Bellevue in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bellevue, IL
How long does it take to sell a home in Bellevue, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
4 Days | 3 Days | -25.0% |
Summary: Homes in Bellevue had an average of 3 days on market in Mar 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Bellevue; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.