Is Bolingbrook, 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, Bolingbrook has remained a Seller's Market.
Housing Prices in Bolingbrook, IL
How much do homes in Bolingbrook, IL cost?
Median Sold Price
$329,890
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bolingbrook was $329,890 in March 2024, up 4.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117.5K | $120K | +2.1% |
2 Bedrooms | $225K | $230K | +2.2% |
3 Bedrooms | $280K | $300K | +7.1% |
4 Bedrooms | $375.7K | $391K | +4.1% |
5+ Bedrooms | $367.4K | $455K | +23.8% |
Summary: Bolingbrook housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 23.8%.
Median Sold Price Compared To Nearby Cities
Naperville | $505.8K | $549.4K | +8.6% |
Romeoville | $256.4K | $275K | +7.2% |
Du Page Township | $289.7K | $310K | +7.0% |
Bolingbrook | $314.7K | $329.8K | +4.8% |
Woodridge | $344.5K | $348K | +1.0% |
Housing Supply in Bolingbrook, IL
How many homes are available in Bolingbrook, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
155 | 177 | +14.2% |
Summary: The Bolingbrook real estate market had 177 homes for sale in March 2024, a 14.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 64 | 75 | +17.2% |
4 Bedrooms | 60 | 72 | +20.0% |
5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Bolingbrook housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 47 | -2.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Bolingbrook in March 2024, down by 2.1% month-over-month. Of the 47 sold homes, 23% were sold under asking, 19% were sold at asking, and 57% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 17 Days | -32.5% |
Summary: Homes in Bolingbrook had an average of 17 days on market in Mar 2024, down by 32.5% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 47 homes were sold in Bolingbrook; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.