Bellwood's Real Estate Transformation: A Decade of Dramatic Change

Bellwood's Real Estate Transformation: A Decade of Dramatic Change

I'm Carrie J. Little, and today I want to share some really interesting facts about the real estate market in Bellwood, IL. We've seen some big changes over the past decade, and I think you'll be as excited as I am to see how things have evolved.

A Quick Look at Bellwood's Market Then and Now:

Here's a simple chart that shows how different the market was in March 2013 compared to March 2024:

DescriptionMarch 2013March 2024Median Sales Price$74,551$249,500Average Market Time84 days35 daysHousing Inventory90 homes23 homes

What Does This Data Mean?

Back in 2013, the median sales price of a home in Bellwood was just $74,551. Fast forward to 2024, and that number has skyrocketed to $249,500! That's more than triple the price in just over a decade. Isn't that amazing?

Also, homes used to stay on the market for quite a long time, about 84 days on average. Now, they're selling much faster, typically in just 35 days. This means that more people want to live here and they're eager to buy quickly.

And let's not forget about how many homes are available. There used to be 90 homes on the market at the end of the month in 2013. Now, we're looking at only 23. This tells us that Bellwood has become a hot spot where homes are in demand.

What's Next for You?

Seeing such positive changes in Bellwood's market is really exciting! Whether you're thinking about buying a home, selling one, or just curious about the value of your property, I'm here to help.

Don't miss out on your chance to be part of this thriving community. For a FREE Market Analysis, reach out to me, Carrie Little, at 630-405-8995 or visit my link here. Let's explore what your real estate opportunities might look like in this vibrant market.

Looking forward to connecting with you soon!