Is Bull Valley, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bull Valley is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Bull Valley has remained a Neutral Market.

Key Takeaway

Bull Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bull Valley, IL

How much do homes in Bull Valley, IL cost?

Median Sold Price

$620,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

+$230,000(+59.0%)

Key Takeaway

Homes in Bull Valley have sold for 59% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $390K-
N/A
5+ -$620K
N/A

Summary: Bull Valley housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bull Valley, IL

How many homes are available in Bull Valley, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The Bull Valley real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 21
-50.0%
5+ 33
0.0%

Summary: The Bull Valley housing inventory by bedroom type for November 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 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

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 Bull Valley, 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 Bull Valley in November 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

Oct 2024Nov 2024CHANGE
5 Days107 Days+2040.0%

Summary: Homes in Bull Valley had an average of 107 days on market in Nov 2024, up by 2040% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bull Valley are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Bull Valley, IL

Nearby Markets to Bull Valley, IL

What housing markets are near Bull Valley, IL?