in Bellwood, IL • 2026 Buying Guide
Best Month
February
$161K
Avoid
October
$197K
Potential Savings
$36K
18.2% difference
Market Type
Balanced
3.4 mo. supply
Highlight your townhouse's advantages over condos (more space, private entrance) and its affordability compared to single-family homes. End units and those with garages command premium pricing.
Median Sale Price
$243K
+9.7% YoY
Days on Market
53
median days
Inventory
47
active listings
Sale-to-List Ratio
98.8%
room to negotiate
Jan
$172K
Feb
$161K
BestMar
$169K
Apr
$172K
May
$181K
Jun
$169K
Jul
$189K
Aug
$184K
Sep
$183K
Oct
$197K
PeakNov
$175K
Dec
$185K
Based on historical sales data in Bellwood
Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
Pro Tip: With Bellwood's median price at $243K, a 20% down payment would be approximately $49K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Bellwood's housing market, February is typically the best time to buy a townhouse. During this month, prices average around $161K, which is 18.2% lower than peak prices in October. Townhouses attract first-time buyers and downsizers, making timing more predictable. Winter offers the best deals as families are less active, but early spring (before the rush) can offer good inventory before competition heats up.
The current median home price in Bellwood is $243K. Townhouse prices vary based on location, size, and condition. Year-over-year, prices have changed +9.7%. Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Bellwood has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right townhouse but be prepared to move when you find it.
Key considerations for buying a townhouse in Bellwood include: End unit vs. interior - affects noise, natural light, and resale value; Understand exactly what the HOA maintains (often exterior only); Check shared wall sound insulation quality. Also watch for red flags like Shared driveways or parking issues and Evidence of water intrusion on shared walls.
Homes in Bellwood currently spend an average of 53 days on market. This is typical for a balanced market with reasonable time to make decisions.
Most townhouses qualify for conventional, FHA, and VA loans Some lenders classify townhouses as condos - verify with your lender With Bellwood's median price of $243K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a townhouse in Bellwood? Our analysis shows that February typically offers the best prices, with homes averaging around $161K. Buying during this time could save you up to $36K compared to peak months like October.
With a median price of $243K and homes spending an average of 53 days on market, Bellwood is currently a balanced market. There's currently 3.4 months of inventory available.
Townhouses often appreciate similarly to single-family homes in the same area while requiring less maintenance. End units and those with garages typically appreciate faster.
Working with a local real estate agent who knows Bellwood can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in townhouses.