Belleville, IL

Balanced market-26.1% YoY

Housing market overview · Updated weekly

$136,500median sale price

Homes sold

45

Last 12 weeks

Days on market

46

Average pace

Active listings

169

3.8 months supply

Sale-to-list

96.5%

Below asking

The Belleville housing market is currently classified as a balanced market with a median sale price of $136,500. Prices have fallen 26.1% compared to last year, with homes spending an average of 46 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Belleville?

The median home sale price in Belleville is $136,500, down 26.1% from last year.

How long do homes stay on market in Belleville?

Homes typically spend 46 days on market before going under contract.

Is Belleville a buyer's or seller's market?

With 3.8 months of supply, Belleville is currently a balanced market.

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