Is Bolingbrook, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bolingbrook is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Bolingbrook, IL cost?

Median Sold Price

$306,821

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$34,535(+12.7%)

Key Takeaway

Homes in Bolingbrook have sold for 12.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $191K$205K
+7.3%
3 $246K$267K
+8.5%
4 $330K$380K
+15.2%
5+ $352.9K$360.5K
+2.2%

Median Sold Price Compared To Nearby Cities

Bolingbrook
+12.7%
Du Page Township
+11.5%
Woodridge
+9.0%
Romeoville
+8.8%
Naperville
+7.9%

How many homes are available in Bolingbrook, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
276258-6.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 3430
-11.8%
3 113105
-7.1%
4 102101
-1.0%
5+ 2621
-19.2%

Number of Homes Sold

Aug 2022Sep 2022%
9784-13.4%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

40 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bolingbrook, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
12 Days16 Days+27.4%

Breakdown of Home Sale Times

71 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bolingbrook 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 Bolingbrook, IL

Homes for sale in Bolingbrook, IL have reached 258. The number of homes for sale in Bolingbrook, IL decreased by 6.5% between August 2022 and September 2022. In September 2022, listings were on the market for 16 days. During the same period, the median list price in this real estate market was $306,821. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 7.3%, the cost of 3 bedrooms properties went up by 8.5%, 4 bedrooms properties prices increased by 15.2%, 5 bedrooms properties prices increased by 2.2%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 11.8%, the quantity of 3 bedrooms homes went down by 7.1%, the quantity of 4 bedrooms homes went down by 1%, 5 bedrooms homes became 19.2% less available. Bolingbrook, IL housing market in September 2022 saw over 40 listings sold above listed price, more than 18 sold at listed price and over 26 sold below.

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