Is Bridgeview, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Bridgeview has remained a Seller's Market.
Housing Prices in Bridgeview, IL
How much do homes in Bridgeview, IL cost?
Median Sold Price
$270,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Bridgeview was $270,500 in February 2024, up 6.3% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $115K | N/A |
2 Bedrooms | $136.5K | $226K | +65.6% |
3 Bedrooms | $264.3K | $277.2K | +4.9% |
4 Bedrooms | $273.9K | $267.5K | -2.3% |
5+ Bedrooms | $290K | $363K | +25.2% |
Summary: Bridgeview housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 65.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 25.2%.
Median Sold Price Compared To Nearby Cities
Hickory Hills | $275K | $306.5K | +11.5% |
Burbank | $260K | $287K | +10.4% |
Bridgeview | $254.5K | $270.5K | +6.3% |
Justice | $245K | $258K | +5.3% |
Housing Supply in Bridgeview, IL
How many homes are available in Bridgeview, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 25 | +66.7% |
Summary: The Bridgeview real estate market had 25 homes for sale in February 2024, a 66.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 8 | 13 | +62.5% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bridgeview housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Bridgeview in February 2024, up by 125.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Bridgeview, IL
How long does it take to sell a home in Bridgeview, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
38 Days | 52 Days | +36.5% |
Summary: Homes in Bridgeview had an average of 52 days on market in Feb 2024, up by 36.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 9 homes were sold in Bridgeview; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.