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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bridgeview is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Bridgeview, IL cost?

Median Sold Price

$254,950

$170/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$28,700(+12.7%)

Key Takeaway

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

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $75K-
N/A
2 $170.5K$180K
+5.6%
3 $248K$265K
+6.9%
4 $237K$269.4K
+13.7%
5+ $315K$414.9K
+31.7%

Median Sold Price Compared To Nearby Cities

Justice
+15.9%
Hickory Hills
+13.2%
Bridgeview
+12.7%
Burbank
+2.2%

How many homes are available in Bridgeview, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
5458+7.4%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 66
0.0%
3 2828
0.0%
4 1216
+33.3%
5+ 88
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
1311-15.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bridgeview, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
32 Days38 Days+18.1%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bridgeview 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 Bridgeview, IL

There are 58 homes are for sale in Bridgeview, IL real estate market. The number of listings in Bridgeview, IL increased by 7.4% between August 2022 and September 2022. In September 2022, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $254,950. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 5.6%, 3 bedrooms properties prices increased by 6.9%, prices of 4 bedrooms properties increased by 13.7%, prices of 5 bedrooms properties increased by 31.7%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes have not changed, 4 bedrooms homes became 33.3% more available, volume of 5 bedrooms homes stayed the same. In September 2022, from all listings sold in Bridgeview, IL there were more than 2 sold above asking price, over 7 sold below and more than 2 were sold right at the asked price.

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