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Belleville Illinois Housing Market

By
Real Estate Agent with Equity Fifty Five Realty, LLC

Looking for a home in Belleville, IL?

Its still a great time to buy a home in Belleville, IL. Excellent interest rates and median sales prices are just beginning to inch up.

Belleville Real Estate Overview

Market View for Belleville

Info Avg. Listing Price $153,879 Wk ending Jun 22 -$918 -0.6% w-o-w

Median Sales Price $113,750 Mar '10 - May '10 +$750 +0.7% y-o-y

1,017 Homes For Sale 2 Open Homes
678 Recently Sold 358 Foreclosures

 

Market Trends for Belleville

Listing price - Belleville

 Average Listing Price $153,879 -0.6% w-o-w

Median Sales Price $113,750 +0.7% y-o-y

Average price/sqft $100 -3.8% y-o-y

Number of Sales 228 -5.4% y-o-y

 More Belleville Market Trends Average Listing Price $153,879 -0.6% w-o-w

Median Sales Price $113,750 +0.7% y-o-y

 Average price/sqft $100 -3.8% y-o-y

Number of Sales 228 -5.4% y-o-y

More Belleville Market Trends

Belleville Summary

Average price per square foot for Belleville IL was $100, a decrease of 3.8% compared to the same period last year. The median sales price for homes in Belleville IL for Mar 10 to May 10 was $113,750 based on 228 home sales. Compared to the same period one year ago, the median home sales price increased 0.7%, or $750, and the number of home sales decreased 5.4%.

There are currently 1,017 resale and new homes in Belleville on Trulia, including 2 open houses, as well as 358 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Belleville IL was $153,879 for the week ending Jun 22, which represents a decrease of 0.6%, or $918, compared to the prior week.