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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
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%).
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.
$289,790
for Illinois
for nation
6,118
$1,824 / per month