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

Housing Market Conditions



Gauge showing Bradley is a seller's market


Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Bradley, IL

How much do homes in Bradley, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Bradley have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Bradley was $190,000 in June 2024, up 8.6% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $140K$56.2K
2 $135.2K$149.9K
3 $180.9K$202.5K
4 $227.7K$238.4K
5+ $499.5K$475K

Summary: Bradley housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.8%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 4.9%.

Median Sold Price Compared To Nearby Cities

Bourbonnais Township
Manteno Township

Housing Supply in Bradley, IL

How many homes are available in Bradley, IL?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Bradley real estate market had 57 homes for sale in June 2024, a 11.8% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 02
2 1010
3 3134
4 1011
5+ 00

Summary: The Bradley housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bradley, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 16 homes were sold or pending in Bradley in June 2024, down by 5.9% month-over-month. Of the 16 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Bradley, IL

How long does it take to sell a home in Bradley, IL?

Average Sale Time

Jun 2023Jun 2024CHANGE
9 Days20 Days+122.7%

Summary: Homes in Bradley had an average of 20 days on market in Jun 2024, up by 122.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 16 homes were sold in Bradley; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 24 Days Ago

Newest Listings in Bradley, IL

Nearby Markets to Bradley, IL

What housing markets are near Bradley, IL?