Foreclosures in Bellflower, IL

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5 View this home at N Vine St Bellflower IL 61724
$115,905 EMV
N Vine St
Bellflower, IL 61724
EST. RENT: $1,191
AUCTION: 05-01-2024
Displaying 1 - 9 of 9
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Home Value Estimator For Bellflower, IL

There are currently 216 real estate properties in Bellflower, IL, with a median automated valuation model (AVM) price of $125,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bellflower, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Bellflower, IL, is $138,538.00, with the most expensive house in Bellflower, IL, topping out at $1,757,615.00 and the cheapest home in Bellflower, IL, clocking in at $12,386.00. In other words, there’s something for every potential homebuyer or savvy investor in Bellflower, IL!

Rent Prices In Bellflower, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bellflower, IL, is on a rollercoaster ride. The average rent price in Bellflower, IL, is $1,177.00. Indeed, when looking to rent in Bellflower, IL, you can expect to pay as little as $770.00 or as much as $2,260.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Bellflower, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Bellflower, IL In 2024

Bellflower is located in McLean, Illinois, with an estimated municipal population of 344 residents. All of the best foreclosed homes for sale in Bellflower are located in the following zip code areas on 61724. The estimated population per square kilometer (.62 miles) in Bellflower is 368.

Cost Of Living In Bellflower, IL

So, about how much do homes cost in Bellflower? The most recent median value of resident-owned homes in Bellflower is 85,457. An estimated 86.2 percent of households in Bellflower own their homes, with an average family size of 3.3. The median household income in Bellflower is 55,250, with18.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Bellflower, the median commute time of resident workers (in minutes) is 26.7. And last, but certainly not least, are you looking for homes to rent in Bellflower? If so, the average rent price paid by renters in Bellflower is 783, according to recent statistics.

Diversity And Demographics In Bellflower, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Bellflower, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Bellflower is 43.1, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Bellflower is 59.1, with an average family size of 3.3.

The percentage of residents who report their race in Bellflower is as follows:

White 99.5%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Bellflower? Or maybe you are searching for 55+ active adult communities in and/or near Bellflower?

The percentage of residents who report their age in Bellflower is as follows:

Under 10 13.3%
Aged 10-19 16.7%
20s 7%
30s 9.9%
40s 11.4%
50s 13%
60s 15.7%
70s 7.6%
80+ 5.4%

Best Schools In Bellflower, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Bellflower with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Bellflower.

Pros And Cons Of Living In Bellflower, Illinois

How do you know that living in -- or moving to -- Bellflower is right where you need to be? Perhaps you grew up in Bellflower or already live nearby; therefore, the decision to buy a home in Bellflower is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Bellflower for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Bellflower:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Bellflower.

Reasons To Move To Bellflower, Illinois, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Bellflower can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Bellflower, meanwhile, can field multiple offers from more qualified buyers.

Bellflower, IL Foreclosures


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