Bolingbrook, IL 60490 Real Estate Market Report

ZIP Code: 60490
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Bolingbrook, IL is characterized by a median sold price of $479,000, reflecting a stable market environment. The neighborhood has increased 15% since 2023, indicating a positive trend in property values. Despite the appreciation in sold prices, the market exhibits 282 days on market, suggesting a slower sales velocity and potential pricing friction for sellers.

Inventory conditions are marked by elevated inventory levels, with an excess supply relative to sales activity. This dynamic may indicate that while demand remains strong, the market is experiencing moderate transaction volume, which could lead to a more balanced market as buyers have more options to consider. The median listing price stands at $472,450, which is slightly below the sold price, hinting at potential seller expectations that may need to align with market realities to facilitate quicker sales.

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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 Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Bolingbrook, IL are averaging 6.38% as of March 26, 2026, which is 0.3% higher than the 6.67% average from a year ago.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $479,000 shows a strong appreciation trend, having increased 15% since 2023, indicating a positive market trajectory.

2. With a median days on market of 282, the market is experiencing slower sales velocity, suggesting potential pricing adjustments may be necessary for quicker transactions.

3. The median listing price of $472,450 is slightly below the sold price, which may create pricing friction for sellers in the current market context.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may lead to a more balanced market as buyers have greater choices.

5. The median market rent of $3,260 reflects strong rental demand, despite some conflicting signals in the overall rental 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.