Bolingbrook, IL 60490 Real Estate Market Report

ZIP Code: 60490
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The primary market indicator is the recent median sold price of 440,450, which represents the best available signal of realized market value and recent transaction activity in Bolingbrook, and should be used to benchmark pricing decisions rather than asking prices.

2. There is a notable spread between the median listing price of 505,555 and the median sold price of 440,450, which may indicate pricing friction where seller expectations exceed recent transaction levels and could lengthen time-to-contract if not adjusted.

3. The median days on market of 325 signals materially slower sales velocity versus typical rapid-turn markets and appears to reflect relatively constrained active supply paired with elongated listing durations, a dynamic that may indicate cautious buyer engagement or selective listing practices.

4. Market-level unit economics show a median price per square foot of 196 alongside a median market rent of 2,595; combined with a rising price year-over-year trend and a rising rent year-over-year trend, this supports continued price resilience despite moderate interest rate pressure and an overall hot market temperature.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Bolingbrook, IL 60490 Real Estate Market Report

ZIP Code: 60490
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. The primary market indicator is the median sold price 450,000, which establishes recent realized value and should be the focal point for pricing strategy; upward price momentum (price year-over-year trend: up) suggests sellers can maintain firm asking strategies in many segments.

2. Liquidity appears constrained in terms of transaction velocity: the median days on market 326 points to slower sales cadence and may indicate pricing friction or longer negotiation timelines despite a generally hot environment; sellers should expect extended marketing periods and buyers may find more room for contingencies.

3. Unit-level valuation is supported by a median price per square foot 256, which provides a reliable per-unit benchmark for comparables and rehabilitation budgets; underwrite offers and scope-of-work estimates using this per-square-foot benchmark rather than relying solely on listing prices.

4. Rental demand fundamentals remain supportive: the median market rent 2,595 and a documented rent year-over-year trend of up indicate strengthening rental rates, while interest rate pressure labeled as moderate suggests financing cost sensitivity for investors; moderate interest rate pressure may temper aggressive leverage strategies.

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Notable Properties

The following 3 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.