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

Housing Market Conditions



Gauge showing Broadview is a seller's market


Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Broadview, IL

How much do homes in Broadview, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Broadview have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Broadview was $263,000 in June 2024, up 7.3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $57.7K$65K
2 $210K$235K
3 $245K$272.7K
4 $268.7K$306.5K
5+ $379.9K$419.5K

Summary: Broadview housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 10.4%.

Median Sold Price Compared To Nearby Cities

North Riverside
Proviso Township

Housing Supply in Broadview, IL

How many homes are available in Broadview, IL?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Broadview real estate market had 20 homes for sale in June 2024, a 13.0% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 32
2 87
3 118
4 00
5+ 13

Summary: The Broadview housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Broadview, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Broadview in June 2024, the same as the previous month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.

Days on Market for Broadview, IL

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

Average Sale Time

Jun 2023Jun 2024CHANGE
19 Days10 Days-46.4%

Summary: Homes in Broadview had an average of 10 days on market in Jun 2024, down by 46.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 7 homes were sold in Broadview; 100% of homes were sold within 30 days, 0% 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 15 Days Ago

Newest Listings in Broadview, IL

Nearby Markets to Broadview, IL

What housing markets are near Broadview, IL?