Is Bolingbrook, 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, Bolingbrook has remained a Seller's Market.
Housing Prices in Bolingbrook, IL
How much do homes in Bolingbrook, IL cost?
Median Sold Price
$345,436
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Bolingbrook was $345,436 in June 2024, up 11.4% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117.5K | $120K | +2.1% |
2 Bedrooms | $220.9K | $240K | +8.6% |
3 Bedrooms | $282.6K | $313.6K | +11.0% |
4 Bedrooms | $365K | $409.5K | +12.2% |
5+ Bedrooms | $382.5K | $460K | +20.3% |
Summary: Bolingbrook housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 20.3%.
Median Sold Price Compared To Nearby Cities
Du Page Township | $289.7K | $324.9K | +12.2% |
Naperville | $501K | $560.2K | +11.8% |
Bolingbrook | $310K | $345.4K | +11.4% |
Romeoville | $259K | $280.4K | +8.3% |
Woodridge | $346K | $350K | +1.2% |
Housing Supply in Bolingbrook, IL
How many homes are available in Bolingbrook, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
207 | 231 | +11.6% |
Summary: The Bolingbrook real estate market had 231 homes for sale in June 2024, a 11.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 22 | +22.2% |
3 Bedrooms | 86 | 100 | +16.3% |
4 Bedrooms | 81 | 86 | +6.2% |
5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The Bolingbrook housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
69 | 59 | -14.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
36 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Bolingbrook in June 2024, down by 14.5% month-over-month. Of the 59 sold homes, 22% were sold under asking, 17% were sold at asking, and 61% were sold over asking.
Days on Market for Bolingbrook, IL
How long does it take to sell a home in Bolingbrook, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
14 Days | 13 Days | -7.6% |
Summary: Homes in Bolingbrook had an average of 13 days on market in Jun 2024, down by 7.6% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 59 homes were sold in Bolingbrook; 92% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.