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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bridgeview is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bridgeview, IL

How much do homes in Bridgeview, IL cost?

Median Sold Price

$275,000

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+3.8%)

Key Takeaway

Homes in Bridgeview have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Bridgeview was $275,000 in November 2024, up 3.8% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112K$123.6K
+10.4%
2 $224K$251.5K
+12.3%
3 $274K$285K
+4.0%
4 $264.8K$289.9K
+9.5%
5+ $363K$370K
+1.9%

Summary: Bridgeview housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Cities

Justice
+9.0%
Hickory Hills
+7.0%
Burbank
+4.6%
Bridgeview
+3.8%

Housing Supply in Bridgeview, IL

How many homes are available in Bridgeview, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3530-14.3%

Summary: The Bridgeview real estate market had 30 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 96
-33.3%
3 1716
-5.9%
4 75
-28.6%
5+ 11
0.0%

Summary: The Bridgeview housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bridgeview, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Bridgeview in November 2024, down by 30.8% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.

Days on Market for Bridgeview, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days19 Days+150.9%

Summary: Homes in Bridgeview had an average of 19 days on market in Nov 2024, up by 150.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Bridgeview; 67% of homes were sold within 30 days, 33% 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 20 Days Ago

Newest Listings in Bridgeview, IL

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