Is Bolingbrook, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bolingbrook has remained a Seller's Market.
Housing Prices in Bolingbrook, IL
How much do homes in Bolingbrook, IL cost?
Median Sold Price
$334,700
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bolingbrook was $334,700 in April 2024, up 6.3% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117.5K | $120K | +2.1% |
2 Bedrooms | $222.5K | $235K | +5.6% |
3 Bedrooms | $282.6K | $305K | +7.9% |
4 Bedrooms | $370K | $400K | +8.1% |
5+ Bedrooms | $369.9K | $455K | +23.0% |
Summary: Bolingbrook housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Cities
Romeoville | $256.6K | $280K | +9.1% |
Naperville | $506.4K | $551.6K | +8.9% |
Du Page Township | $289.9K | $314.6K | +8.5% |
Bolingbrook | $315K | $334.7K | +6.3% |
Woodridge | $344.5K | $349.8K | +1.5% |
Housing Supply in Bolingbrook, IL
How many homes are available in Bolingbrook, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
175 | 196 | +12.0% |
Summary: The Bolingbrook real estate market had 196 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 74 | 84 | +13.5% |
4 Bedrooms | 70 | 76 | +8.6% |
5+ Bedrooms | 13 | 18 | +38.5% |
Summary: The Bolingbrook 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 increased by 13.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 38.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 62 | +21.6% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 62 homes were sold or pending in Bolingbrook in April 2024, up by 21.6% month-over-month. Of the 62 sold homes, 39% were sold under asking, 15% were sold at asking, and 47% were sold over asking.
Days on Market for Bolingbrook, IL
How long does it take to sell a home in Bolingbrook, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 17 Days | -36.8% |
Summary: Homes in Bolingbrook had an average of 17 days on market in Apr 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 62 homes were sold in Bolingbrook; 87% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.