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 October 2023

At the same time last year, Bull Valley was a Seller's 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

$575,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+1.8%)

Key Takeaway

Homes in Bull Valley have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Bull Valley was $575,000 in October 2024, up 1.8% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $366.5K-
N/A
3 $590K$563K
-4.6%
4 $546.1K$562K
+2.9%
5+ $625K$612.5K
-2.0%

Summary: Bull Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 2%.

Median Sold Price Compared To Nearby Cities

Dorr Township
+16.4%
Woodstock
+16.2%
Wonder Lake
+12.9%
Greenwood Township
+8.0%
Bull Valley
+1.8%

Housing Supply in Bull Valley, IL

How many homes are available in Bull Valley, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
46+50.0%

Summary: The Bull Valley real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 32
-33.3%
5+ 13
+200.0%

Summary: The Bull Valley housing inventory by bedroom type for October 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 33.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bull Valley, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Bull Valley in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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 2023Oct 2024CHANGE
39 Days5 Days-87.2%

Summary: Homes in Bull Valley had an average of 5 days on market in Oct 2024, down by 87.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Bull Valley; 100% of homes were sold within 30 days, 0% 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 5 Days Ago

Newest Listings in Bull Valley, IL

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