Bloomingdale Real Estate Market Sees Sales On the Rise

The number of home sales in the Bloomingdale market rose 3.3% to 31 homes over the last 30 days. At the same time, close-by Schaumburg reported 90 home sales, the highest number from all the surrounding cities. The median sales price dropped to $237,000 over the latest reporting period for Bloomingdale, down from $248,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Bloomingdale is a seller's market.

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Demographic facts for Bloomingdale:

  • The population density is 3,246.2 people per square mile in this area.
  • The area's lifestyle rating is 66. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 83.8% by car, 6.0% by carpool, and 5.1% by public transit.

Data reported through 10/12/2016


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john greene Realtor
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