Is Bloomingdale Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Bloomingdale Township has remained a Seller's Market.
Housing Prices in Bloomingdale Township, IL
How much do homes in Bloomingdale Township, IL cost?
Median Sold Price
$320,235
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Bloomingdale Township was $320,235 in June 2024, up 8.8% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149.8K | $165K | +10.1% |
2 Bedrooms | $215K | $245K | +14.0% |
3 Bedrooms | $305K | $330.6K | +8.4% |
4 Bedrooms | $385.5K | $417.5K | +8.3% |
5+ Bedrooms | $445K | $565K | +27.0% |
Summary: Bloomingdale Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 27%.
Median Sold Price Compared To Nearby Cities
Carol Stream | $302K | $345K | +14.2% |
Glendale Heights | $249.3K | $279.3K | +12.0% |
Roselle | $291K | $322.6K | +10.9% |
Bloomingdale Township | $294.2K | $320.2K | +8.8% |
Bloomingdale | $359.6K | $349K | -3.0% |
Housing Supply in Bloomingdale Township, IL
How many homes are available in Bloomingdale Township, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
312 | 348 | +11.5% |
Summary: The Bloomingdale Township real estate market had 348 homes for sale in June 2024, a 11.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 93 | 109 | +17.2% |
3 Bedrooms | 131 | 146 | +11.5% |
4 Bedrooms | 68 | 66 | -2.9% |
5+ Bedrooms | 15 | 21 | +40.0% |
Summary: The Bloomingdale Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
101 | 93 | -7.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Summary: A total of 93 homes were sold or pending in Bloomingdale Township in June 2024, down by 7.9% month-over-month. Of the 93 sold homes, 19% were sold under asking, 11% were sold at asking, and 70% were sold over asking.
Days on Market for Bloomingdale Township, IL
How long does it take to sell a home in Bloomingdale Township, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
13 Days | 17 Days | +27.2% |
Summary: Homes in Bloomingdale Township had an average of 17 days on market in Jun 2024, up by 27.2% compared to last year.
Breakdown of Home Sale Times
77 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 93 homes were sold in Bloomingdale Township; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.