Bloomingdale Market Report

Single Family

90-day market data from Chicago MLS — updated April 5, 2026

Seller's Market
$580K Median Sale Price
6 Days to Contract
99% Sale-to-List Ratio
12 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated April 5, 2026.

Example 2.5% commission on the Bloomingdale median of $580K = $14,496. Net Gain's flat fee = $1,995.

Get the Full Report

See price band breakdown, market velocity analysis, and personalized listing advice.

No spam. Just your report and occasional market updates.

Price Band Breakdown

Where buyers are actually competing in Bloomingdale

4 of 12 homes
sold above asking price (58%)
Price Range Sold Avg Days Sale-to-List Above Ask Active
$600K-$650K Strongest Demand 2 6d 103% 2/2 0
$900K-$950K 1 1d 106% 1/1 0
$700K-$750K 1 5d 100% 0/1 1
$750K-$800K 1 6d 104% 1/1 0
$1.1M-$1.1M 1 5d 88% 0/1 0

The $600K-$650K price range in Bloomingdale shows the strongest buyer demand over the last 90 days with 2 closed sales, averaging 6 days from listing to contract, with buyers paying 103% of asking price. There are currently no active listings competing in this band, which means a new listing priced here would enter with zero direct competition and strong recent buyer activity as a baseline. Sellers in adjacent price bands should study this range carefully, as it represents the concentration point where the most transactions are occurring and where buyers have demonstrated the greatest willingness to compete.

Market Momentum

What's happening right now in Bloomingdale

11
Under Contract
1.1x pending-to-active ratio
9
Contracts Last 30 Days
Current buyer activity
$565K
Pending Median Price
Where buyers are competing

There are currently 11 homes under contract in Bloomingdale against 10 active listings, a pending-to-active ratio that indicates the market is absorbing inventory nearly as fast as it appears. When pending sales approach or exceed active supply, it signals that buyer demand is strong enough to keep pace with new listings entering the market. 9 of those contracts were executed in the last 30 days alone, confirming that this is current buyer activity rather than a carryover from a previous cycle.

The Cost of Overpricing

What happens when sellers miss the market in Bloomingdale

+93 days
Overpriced listings sit 93 days longer on average
8d
Days on market
Correctly priced
101d
Days on market
Required price cut
4%
Average reduction
After sitting on market
2 listings expired without selling
Listed $485K Dropped to $470K
355 days on market
Listed $850K
400 days on market

In Bloomingdale, correctly priced homes are selling in a median of 6 days. Listings that required at least one price reduction sat on the market for 101 days before going under contract, an additional 93 days compared to homes that never needed an adjustment. Those sellers still ended up cutting an average of 4% from their original asking price. The pattern is consistent across price bands: overpricing does not lead to higher sale prices. It leads to longer market exposure, reduced buyer interest, and a final sale price that often falls below what the home would have fetched with accurate pricing on day one. 2 listings in Bloomingdale expired without selling after averaging 378 days on market. These properties exhausted their initial buyer interest window, went through price reductions that signaled desperation rather than value, and ultimately failed to transact. The data shows that the Bloomingdale market is active and functional for homes priced within the range where buyers are competing. The listings that fail are not victims of a slow market. They are casualties of pricing that ignored where actual demand exists.

Market Velocity

How fast the Bloomingdale market is moving

0%
Price Reduction Rate
0
6d
Median Days to Contract
Fastest 25%: 5 days
2.5
Months of Supply
10 active listings

No active listings in Bloomingdale have required price cuts, which is a strong signal that current sellers priced appropriately from day one and found buyer interest without needing to adjust. Correctly priced homes are going under contract in 6 days at the median, with the fastest quartile reaching agreement in just 5 days. That pace leaves very little room for sellers who list above market value and plan to negotiate down. At 2.5 months of supply with 10 active listings, Bloomingdale is in balanced territory where neither buyers nor sellers hold a decisive advantage. In this environment, pricing strategy and presentation quality determine which listings attract competitive offers and which linger.

What This Means for Your Listing

Commission savings at the Bloomingdale median

Example 2.5% Commission
$14,496
Based on $580K median
vs
Up to $13K difference
Net Gain Flat Fee
$1,995
Same MLS exposure. Same professional service.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer's agent compensation is separate and determined by the seller. Net Gain Realty charges a flat fee of $1,995 for listing services.

In a market where correctly priced homes in Bloomingdale sell in 6 days, the listing agent's job is straightforward: accurate pricing based on comparable sales data, professional photography and MLS marketing, and responsive transaction management through closing. These are execution tasks with well-established processes, not creative problem-solving that justifies a percentage of your home's value. At the Bloomingdale median of $580K, a traditional commission in the 2-3% range costs $14,496. Net Gain Realty provides the same MLS listing, the same buyer exposure, and the same professional service for a flat fee of $1,995. That is a potential difference of $12,501 that stays in your pocket at closing. The service does not change. The exposure does not change. The only difference is what you pay for it.

Book a Strategy Call

Or send your address to matthew@netgain.realty for a property-specific analysis

Data sourced from Midwest Real Estate Data (MRED) MLS. Information deemed reliable but not guaranteed. Data represents recent MLS activity and is provided for informational purposes only. Not a guarantee of future results or property value.

Want a report for a different neighborhood?

Request Your Report