Is Bloomingdale Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomingdale Township is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, Bloomingdale Township has remained a Seller's Market.

Key Takeaway

Bloomingdale Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Bloomingdale Township, IL cost?

Median Sold Price

$285,011

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$15,032(+5.6%)

Key Takeaway

Homes in Bloomingdale Township have sold for 5.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $126.5K$145K
+14.6%
2 $190K$210K
+10.5%
3 $285K$295.3K
+3.6%
4 $360.1K$384.9K
+6.9%
5+ $437.2K$527.5K
+20.6%

Median Sold Price Compared To Nearby Cities

Carol Stream
+8.2%
Glendale Heights
+6.4%
Bloomingdale Township
+5.6%
Bloomingdale
+5.6%
Roselle
+3.6%

How many homes are available in Bloomingdale Township, IL?

Number of Homes For Sale

Nov 2022Dec 2022%
256229-10.5%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 148
-42.9%
2 7067
-4.3%
3 10392
-10.7%
4 5546
-16.4%
5+ 1416
+14.3%

Number of Homes Sold

Nov 2022Dec 2022%
7567-10.7%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloomingdale Township, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
28 Days32 Days+12.4%

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bloomingdale Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Bloomingdale Township, IL

Homes for sale in Bloomingdale Township, IL have reached 229. The number of listings in Bloomingdale Township, IL decreased by 10.5% between November 2022 and December 2022. In December 2022 median list price was $285,011 and the average listing age was 32 days. This housing market listing prices have changed between November 2022 and December 2022: 1 bedroom properties became 14.6% more expensive, 2 bedrooms properties became 10.5% more expensive, prices of 3 bedrooms properties went up by 3.6%, prices of 4 bedrooms properties increased by 6.9%, the cost of 5 bedrooms properties went up by 20.6%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 42.9%, the quantity of 2 bedrooms homes went down by 4.3%, the quantity of 3 bedrooms homes went down by 10.7%, volume of 4 bedrooms homes went down by 16.4%, the quantity of 5 bedrooms homes went up by 14.3%. Bloomingdale Township, IL housing market in December 2022 saw over 12 listings sold above listed price, more than 12 sold at listed price and over 43 sold below.

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