Is Bedford Park, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bedford Park is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bedford Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bedford Park, IL

How much do homes in Bedford Park, IL cost?

Median Sold Price

$320,000

$199/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$106,250(-24.9%)

Key Takeaway

Homes in Bedford Park have sold for 24.9% less than they did a month ago.

Summary: The median home sold price in Bedford Park was $320,000 in April 2024, down 24.9% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $417.5K$320K
-23.4%
4 $435K-
N/A
5+ --
N/A

Summary: Bedford Park housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 23.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bedford Park, IL

How many homes are available in Bedford Park, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
42-50.0%

Summary: The Bedford Park real estate market had 2 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Bedford Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bedford Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Bedford Park in April 2024, down by 50.0% month-over-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 Bedford Park, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
59 Days53 Days-10.2%

Summary: Homes in Bedford Park had an average of 53 days on market in Apr 2024, down by 10.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bedford Park has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Bedford Park; 0% of homes were sold within 30 days, 100% 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 14 Days Ago

Newest Listings in Bedford Park, IL

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