Housing in Bellflower, IL is quite affordable with the median value being only $114,000. This is significantly lower than the US House Median Value of $338,100. However, it has seen a much higher rate of appreciation over the last year at 14.21%, compared to the national average of 8.27%. This is an indication that Bellflower's housing market is becoming increasingly attractive to potential home buyers and investors alike.
The median home cost in Bellflower is $114,000. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Bellflower is up 16.3%.
Average Age of Homes
- The median age of Bellflower real estate is 76 years old
The Rental Market in Bellflower
- Renters make up 5.1% of the Bellflower population
- 0.0% of houses and apartments in Bellflower, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.