Photo: Farragutful · CC BY-SA 4.0154 homes sold in Bellwood in the last year, at a typical $260K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Bellwood homes are listed.
Every place Bellwood homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Bellwood.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 84% of Bellwood’s sales, at a typical $263K
154 homes sold in the year to May 2026.
typical sale · 129 sold in 12 months
- Per square foot
- $230IL $180
- Days to sell
- 68
- Sold over asking
- 50%
- Listings with a price cut
- 16%
Multi-family (2–4 units): 12 sold, typical $345K
Townhouses: 8 sold, typical $201K
Condos: 5 sold, typical $92K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.3 times the 2016 price
154 sales in the last year, against 300 in 2013 and a low of 129 in 2024. The typical sale went from $113K in 2016 to $260K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Bellwood
Check a listing against what Bellwood homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Bellwood are more common than before the pandemic, but 21% fewer homes come up for sale
We read every month of Bellwood’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 154 sales.
If you’re buying in Bellwood
- Shop in June. It brings about 24 new listings a month, close to the busiest month, with fewer bidding wars (38% over asking).
- Some room to negotiate. 16% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 100% of the list price on average; 48% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 70 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 29 a month), but July is the most competitive: 45% of July sales close over asking. June offers nearly as much choice with fewer homes bid up (38%). February has the least competition (32%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Illinois
| Bellwood now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 48% | 36% | 49% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 34% | 46% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 16% | 19% | 24% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 100% | 99% | 100.2% | 99.2% |
| Days to sellMedian days from listing to contract | 70 | 60 | 19 | 49 |
51 homes for sale on a typical day
That’s 1.4 times the 2021 low (36), 21% fewer than in 2017–19 and well under 2012’s 123.
1 in 6 listings has cut its price
16% in the last year, against 19% in 2017–19 and 19% across Illinois.
Houses and condos, year by year
A house typically sold for $263K in the last year (129 sales), a condo for $92K (5).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Bellwood ranks 33rd of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Bellwood is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Bellwood home costs about $1,909 a month
Price: Bellwood’s typical sale, last 12 months. Property tax at Bellwood’s 2.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Bellwood is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 15.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $260K home, about $6,620 a year.
Taxes vs. neighborsSchools
The schools grade for Bellwood, from test results, graduation and how much students grow.
Schools in BellwoodTypical commute
The average one-way trip to work for people who live in Bellwood.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Maywood sells for less a square foot
The busier markets within 25 miles of Bellwood, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Westchester | 235 | $377K | $265 | 49% | 49 |
| Maywood | 209 | $298K | $176 | 44% | 72 |
| Bellwood | 154 | $260K | $219 | 48% | 70 |
| Melrose Park | 111 | $368K | $219 | 43% | 78 |
| Hillside | 61 | $330K | $244 | 38% | 63 |
| Broadview | 59 | $274K | $224 | 46% | 67 |
| Berkeley | 55 | $311K | $233 | 47% | 71 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Bellwood, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Bellwood. People who follow the town see it, and so do people comparing Bellwood with their own town. No commission, no listing fee.
Questions about buying a home in Bellwood
What do homes sell for in Bellwood, IL?
154 homes sold in the year to May 2026 at a typical $260K, $219 a square foot.
Is Bellwood a buyer’s or seller’s market?
A buyer’s market: 58 homes were for sale in May 2026 and 9 sold, about 6.4 months of supply. Buyers paid 100% of asking on average, and 16% of listings cut their price.
When is the best time to buy in Bellwood?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Bellwood?
About 2.6% of a home’s value a year. On a $260K home that’s near $6,620.
Where can I see homes for sale in Bellwood?
Zillow, Redfin, Realtor.com and Homes.com all carry Bellwood’s MLS listings; the search links above open each one filtered to Bellwood.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).