$124,900
101 W Oak St
Broadwell, IL
2 bd1 ba1,500 sqft$83/ft²
House13,504 sqft lot
View photos & details
Brokers — List your Company Here
Featured local agent — Broadwell, IL
Example placement
Sarah Mitchell
CNESRESABR
Compass Real Estate · Broadwell, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Broadwell, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Broadwell, IL Housing Market
Seller's market
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $65,900 (through May 2026). With 1.0 months of supply and homes going under contract in about 48 days, Broadwell is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $65,900 home is about $352/mo in principal and interest.
Key numbers for Broadwell, IL
Median sale price
$65,900
Last published period
Redfin, through May 2026
Days on market
48
Average pace
Redfin, through May 2026
Active listings
1
1.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$54,167
Home costs 1.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above 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 Broadwell a buyer's or seller's market?
Seller's market1.0 months of supply48 days on market100.0% of asking
Broadwell, IL is a seller's market, based on 1.0 months of supply and homes selling in about 48 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 Broadwell housing market data show?
Every row below is Redfin's final published month for Broadwell, IL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $65,900 |
| Median price per sq ft | $52/sq ft |
| Median days on market | 48 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller'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 Broadwell is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Broadwell 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 Broadwell home prices moved?
Across the 13 months we hold for Broadwell, IL, the median sale price rose 9.8%, from $60,000 in April 2021 to $65,900. 100.0% of Broadwell 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 100.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Broadwell market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Broadwell?
Priced off the median sale price of $65,900 at the current 7.03% 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $13,180 | $52,720 | $352/mo |
| 5% | $3,295 | $62,605 | $418/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 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 $352, that implies roughly $15,078 a year before you add taxes and insurance. The median household in Broadwell earns $54,167, about $39,089 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 1.2x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Broadwell in the next 12 months?
Tell us your timeline. We send the Broadwell market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Broadwell?
Zillow does not publish a rent index (ZORI) for Broadwell, 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 Broadwell?
Active listings in Broadwell, IL went from 1 in April 2021 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.
| Month | Active listings |
|---|---|
| April 2021 | 1 |
| October 2022 | 1 |
| July 2023 | 1 |
| May 2026 | 1 |
Redfin, through May 2026
How does Broadwell compare to Illinois and the U.S.?
Broadwell homes sell for $65,900 — 80% below the Illinois median of $337,900. Against the national median of $410,700, Broadwell runs 84% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Broadwell, IL | $65,900 | not published | 48 days |
| Illinois statewide | $337,900 | +5.9% | 43 days |
| United States | $410,700 | not published | not 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 Broadwell
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 $66 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $65,900 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 Broadwell listing goes under contract in 48 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 100.0% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside Broadwell varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Broadwell
There are currently 1 homes listed for sale in Broadwell, Illinois.
Looking to buy in Broadwell?
Get connected with a local real estate expert — free, no obligation.
Active listings
1
Homes on market
Avg. days on market
48
Days until sale
Price drops:100.0%of listings
Sale-to-list:100.0%
How much do homes cost in Broadwell by property type?
How the Broadwell, IL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $65,900 | $52/sq ft | 1 | 48 days |
Who lives in Broadwell?
American Community Survey estimates for Broadwell. U.S. Census ACS, 2023
Population
206
Households
124
Median income
$54,167/yr
Median age
48.9 years
Owner-occupied
59.7%
Median home value
$99,100
Median gross rent
$735/mo
Mean commute
29.6 min
59.7% of occupied homes in Broadwell 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 Broadwell, IL?
Ordered by distance from Broadwell, not by size. Compare Broadwell side by side with any of them.
Broadwell housing market FAQ
Is Broadwell a buyer's or seller's market?
Broadwell, IL is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 48 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Broadwell?
The median sale price in the last month Redfin published was $65,900, about $52 per square foot.
Is Broadwell cheaper than the rest of Illinois?
Broadwell's median sale price of $65,900 is 80% lower than the Illinois statewide median of $337,900, and 84% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Broadwell?
Homes in Broadwell, IL spent a median of 48 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 Broadwell?
At the current 30-year fixed rate of 7.03%, 20% down on a $65,900 home is about $352 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $15,078 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $54,167.
Are home prices rising in Broadwell?
We do not hold a complete 12-month value series for Broadwell, IL yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Broadwell?
Broadwell 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 Broadwell?
That depends on your timeline, not on a headline. What the data says today: Broadwell, IL is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Broadwell, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Broadwell
Nearby markets
Get the Broadwell market brief
Get the Broadwell, IL market brief
One email: what homes are actually clearing at around $65,900, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.