Bourbonnais, IL

Balanced market+35.6% YoY

Housing market overview · Updated weekly

$320,000median sale price

Homes sold

12

Last 12 weeks

Days on market

73

Average pace

Active listings

41

3.4 months supply

Sale-to-list

99.3%

Below asking

The Bourbonnais housing market is currently classified as a balanced market with a median sale price of $320,000. Prices have risen 35.6% compared to last year, with homes spending an average of 73 days on market, indicating 3.4 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

Homes for sale in Bourbonnais

There are currently 41 homes listed for sale in Bourbonnais, Illinois. The median listing price is $349K.

Active listings

41

Homes on market

Median list price

$349K

Avg. days on market

73

Days until sale

New this week

15

Newly listed

Price drops:24.4%of listings
Sale-to-list:99.3%

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Frequently asked questions

What is the average home price in Bourbonnais?

The median home sale price in Bourbonnais is $320,000, up 35.6% from last year.

How long do homes stay on market in Bourbonnais?

Homes typically spend 73 days on market before going under contract.

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

With 3.4 months of supply, Bourbonnais is currently a balanced market.

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