Bellwood, IL, Real Estate
Bellwood, Illinois, is a vibrant village in Cook County, located just west of Chicago, with a population of around 18,000. Known for its rich history and diverse community, Bellwood was incorporated in 1900 and has grown into a close-knit suburb with a strong sense of identity. The village offers a mix of residential neighborhoods, local businesses, and community amenities, including parks and recreational facilities like the Bellwood Public Library. Its proximity to major highways and public transit, such as the Metra rail, makes it an accessible hub for commuters. Bellwood also boasts a legacy of cultural contributions, with notable figures like astronaut Eugene Cernan, the last man to walk on the moon, hailing from the village.
Bellwood currently has 39 single family homes for sale with an average list price of $269,957.62, 8 condos for sale with an average list price of $133,849.75, and 1 lot for sale with a list price of $40,000. The average annual property tax for Bellwood is $5,824.37.
Current Homes for Sale
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Bellwood, i.e. what's hot and what's not.
See What's Hot & What's Not in Bellwood
Market Trends
Bellwood home sales for the month of June rose in volume by 50% when compared to last year, while the median sale price rose by 10.7% from $190,000 to $210,250. House sales rose by 100%, while the median sale price rose by 10.6% from $190,050 to $210,250.
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168
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160
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154
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121
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$220,000
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$230,000
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$230,000
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$245,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Bellwood
Number of Sales for Bellwood
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