Is Bull Valley, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bull Valley has remained a Seller's Market.
Housing Prices in Bull Valley, IL
How much do homes in Bull Valley, IL cost?
Median Sold Price
$577,500
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bull Valley was $577,500 in March 2024, up 2.6% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $313K | $420K | +34.2% |
3 Bedrooms | $367.5K | $590K | +60.5% |
4 Bedrooms | $575K | $536.1K | -6.8% |
5+ Bedrooms | $775K | $612.5K | -21.0% |
Summary: Bull Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 60.5%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 21%.
Median Sold Price Compared To Nearby Cities
Greenwood Township | $255K | $296K | +16.1% |
Woodstock | $260K | $295.3K | +13.6% |
Wonder Lake | $248.2K | $271.8K | +9.5% |
Dorr Township | $275.6K | $300K | +8.8% |
Bull Valley | $563K | $577.5K | +2.6% |
Housing Supply in Bull Valley, IL
How many homes are available in Bull Valley, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Summary: The Bull Valley real estate market had 4 homes for sale in March 2024, a 20.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bull Valley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Bull Valley in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bull Valley, IL
How long does it take to sell a home in Bull Valley, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 98 Days | +28.9% |
Summary: Homes in Bull Valley had an average of 98 days on market in Mar 2024, up by 28.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Bull Valley; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.