Is Bradley, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bradley has remained a Seller's Market.
Housing Prices in Bradley, IL
How much do homes in Bradley, IL cost?
Median Sold Price
$190,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bradley was $190,000 in April 2024, up 9.3% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $56.2K | -59.8% |
2 Bedrooms | $130K | $149.9K | +15.3% |
3 Bedrooms | $182.5K | $198K | +8.5% |
4 Bedrooms | $212K | $243.7K | +15.0% |
5+ Bedrooms | $318.5K | $475K | +49.1% |
Summary: Bradley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.8%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 49.1%.
Median Sold Price Compared To Nearby Cities
Kankakee | $121.3K | $155K | +27.7% |
Bourbonnais | $248K | $283.5K | +14.3% |
Bourbonnais Township | $209.9K | $238.4K | +13.6% |
Bradley | $173.8K | $190K | +9.3% |
Manteno Township | $282.9K | $291.5K | +3.0% |
Housing Supply in Bradley, IL
How many homes are available in Bradley, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 37 | -11.9% |
Summary: The Bradley real estate market had 37 homes for sale in April 2024, a 11.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 6 | 9 | +50.0% |
3 Bedrooms | 24 | 22 | -8.3% |
4 Bedrooms | 10 | 6 | -40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bradley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 9 | -43.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Bradley in April 2024, down by 43.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 52 Days | +71.4% |
Summary: Homes in Bradley had an average of 52 days on market in Apr 2024, up by 71.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Bradley; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.