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Sarah Mitchell

CNESRESABR

Compass Real Estate · Bonnie Brae, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bonnie Brae, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bonnie Brae, IL Housing Market

Seller's market+26.2% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The last median sale price Redfin published was $325,000, +26.2% year over year (through May 2026). With 1.0 months of supply and homes going under contract in about 38 days, Bonnie Brae is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $325,000 home is about $1,671/mo in principal and interest.

Key numbers for Bonnie Brae, IL

Median sale price

$325,000

+26.2% year over year

Redfin, through May 2026

Days on market

38

Average pace

Redfin, through May 2026

Active listings

1

1.0 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$76,483

Home costs 4.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.4%

Selling below asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Bonnie Brae a buyer's or seller's market?

Seller's market1.0 months of supply38 days on market99.4% of asking

Bonnie Brae, IL is a seller's market, based on 1.0 months of supply and homes selling in about 38 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Bonnie Brae housing market data show?

Every row below is Redfin's final published month for Bonnie Brae, IL. Redfin, through May 2026

Housing market statistics for Bonnie Brae, IL, Redfin through May 2026
MetricValue
Median sale price$325,000
Year-over-year price change+26.2%
Median price per sq ft$249/sq ft
Median days on market38 days
Active inventory1 listings
Months of supply1.0 months
Sale-to-list price ratio99.4%
Homes sold (that month)1
Listings with a price cut100.0%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Bonnie Brae is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Bonnie Brae is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Bonnie Brae home prices moved?

Over the last three years the median sale price in Bonnie Brae, IL rose 51.2%, from $215,000 to $325,000. 100.0% of Bonnie Brae listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 99.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Bonnie Brae?

Priced off the median sale price of $325,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Bonnie Brae, IL
Down paymentCash at closeLoan amountMonthly P&I
20%$65,000$260,000$1,671/mo
5%$16,250$308,750$1,984/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,671, that implies roughly $71,607 a year before you add taxes and insurance. The median household in Bonnie Brae earns $76,483, about $4,876 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.2x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Bonnie Brae in the next 12 months?

Tell us your timeline. We send the Bonnie Brae market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Bonnie Brae?

Zillow does not publish a rent index (ZORI) for Bonnie Brae, IL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Bonnie Brae?

Active listings in Bonnie Brae, IL went from 1 in September 2024 to 1 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Bonnie Brae, IL
MonthActive listingsNew listings
October 202411
December 20242not published
February 202511
April 202532
June 202522
August 202532
September 202511
November 202521
December 202511
March 202612
April 202621
May 20261not published

Redfin, through May 2026

How does Bonnie Brae compare to Illinois and the U.S.?

Bonnie Brae homes sell for $325,0004% below the Illinois median of $337,900. Against the national median of $410,700, Bonnie Brae runs 21% lower. Year-over-year, Bonnie Brae moved +26.2% against Illinois's +5.9%a bigger swing than the state as a whole.

Bonnie Brae, IL compared with Illinois and the United States
MarketMedian sale priceYoYDays on market
Bonnie Brae, IL$325,000+26.2%38 days
Illinois statewide$337,900+5.9%43 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Bonnie Brae

What buyers should watch

  • Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $313 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $325,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Bonnie Brae listing goes under contract in 38 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • Comparable ZIP-level pricing inside Bonnie Brae varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Bonnie Brae

There are currently 1 homes listed for sale in Bonnie Brae, Illinois.

3 bedroom house for sale at 310 McCameron Ave Bonnie Brae - $327,900
$327,900

310 McCameron Ave

Bonnie Brae, IL

3 bd1 ba900 sqft$364/ft²
House7,405 sqft lot
View photos & details

Looking to buy in Bonnie Brae?

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Active listings

1

Homes on market

Avg. days on market

38

Days until sale

Price drops:100.0%of listings
Sale-to-list:99.4%

How much do homes cost in Bonnie Brae by property type?

How the Bonnie Brae, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Bonnie Brae, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$325,000$249/sq ft138 days
Townhouse$270,000$193/sq ft136 days

Who lives in Bonnie Brae?

American Community Survey estimates for Bonnie Brae. U.S. Census ACS, 2023

Population

844

Households

351

Median income

$76,483/yr

Median age

37 years

Owner-occupied

59.0%

Median home value

$224,200

Median gross rent

$1,570/mo

Mean commute

26.5 min

59.0% of occupied homes in Bonnie Brae are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which cities are near Bonnie Brae, IL?

Ordered by distance from Bonnie Brae, not by size. Compare Bonnie Brae side by side with any of them.

Bonnie Brae housing market FAQ

Is Bonnie Brae a buyer's or seller's market?

Bonnie Brae, IL is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 38 days, and sellers getting 99.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Bonnie Brae?

The median sale price in the last month Redfin published was $325,000, about $249 per square foot.

Is Bonnie Brae cheaper than the rest of Illinois?

Bonnie Brae's median sale price of $325,000 is 4% lower than the Illinois statewide median of $337,900, and 21% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Bonnie Brae?

Homes in Bonnie Brae, IL spent a median of 38 days on market before going under contract, versus 43 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Bonnie Brae?

At the current 30-year fixed rate of 6.66%, 20% down on a $325,000 home is about $1,671 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $71,607 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $76,483.

Are home prices rising in Bonnie Brae?

Redfin's last published year-over-year change for Bonnie Brae, IL was +26.2%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Bonnie Brae?

Bonnie Brae ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Bonnie Brae?

That depends on your timeline, not on a headline. What the data says today: Bonnie Brae, IL is a seller's market with 1.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.