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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Bridgeview, IL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bridgeview, IL Housing Market Trends

With 16,467 people, 6,118 houses or apartments, and a median cost of homes of $289,790, Bridgeview real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Bridgeview, accounting for 49.37% of the village's housing units. Other types of housing that are prevalent in Bridgeview include large apartment complexes or high rise apartments ( 28.09%), mobile homes or trailers ( 15.65%), and a few row houses and other attached homes ( 3.93%).

The most prevalent building size and type in Bridgeview are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 64.43% owning and 35.57% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Bridgeview's housing was primarily built during this period, from the '40s through the '60s. A full 38.65% of the village's housing hails from this era. Other housing ages represented in Bridgeview include homes built between 1970-1999 ( 36.23%) and housing constructed between 2000 and later ( 20.17%). There's also some housing in Bridgeview built before 1939 ( 4.96%).

Bridgeview Home Appreciation Rates

Real estate appreciation rates in Bridgeview's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.04% during the period.

NeighborhoodScout's data show that during the latest twelve months, Bridgeview's appreciation rate, at 7.16%, has been at or slightly above the national average. In the latest quarter, Bridgeview's appreciation rate has been 2.79%, which annualizes to a rate of 11.63%.

Relative to Illinois, our data show that Bridgeview's latest annual appreciation rate is lower than 60% of the other cities and towns in Illinois.

Average Home Values

Median Home Value

$289,790

Bridgeview, IL Home Prices
> $1,277,000
$958,001 - $1,277,000
$639,001 - $958,000
$511,001 - $639,000
$384,001 - $511,000
$255,001 - $384,000
$128,001 - $255,000
$64,001 - $128,000
$0 - $64,000
0.3%
0.3%
0.6%
0.6%
1.7%
1.7%
1.5%
1.5%
18.7%
18.7%
43.2%
43.2%
21.3%
21.3%
2.4%
2.4%
10.3%
10.3%
0% 100.0%
% of Homes
High

for Illinois

Average

for nation

Number of Homes And Apartments:

6,118

Bridgeview Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,824 / per month

Homeownership Rate

Owners
Renters
64.4%
64.4%
35.6%
35.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.1%
8.1%
91.9%
91.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
20.2%
20.2%
36.2%
36.2%
38.6%
38.6%
5.0%
5.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
49.4%
49.4%
3.9%
3.9%
3.0%
3.0%
28.1%
28.1%
15.6%
15.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.2%
4.2%
10.9%
10.9%
28.4%
28.4%
43.6%
43.6%
11.0%
11.0%
1.9%
1.9%
0% 100.0%
% of Homes