Home prices
Bellwood's median home price is $151,200. Compared to other places in this area it is roughly $11,280 (6%) lower.In comparison to the rest of the country it is approximately $66,300 (30%) lower, and it is about $106,800 (41%) lower compared to the city of Chicago.
Rents
Bellwood's median rent is $1,068 a month. This is roughly $31 (3%) higher in comparison to nearby areas.In comparison to the entire country it is is very similar, and in comparison to the city of Chicago is approximately $44 (3%) lower.
Nearby places
Melrose Park
Melrose Park is Bellwood's neighbor to the north. Its real estate prices are a little more expensive. The median home price in Melrose Park is $192,000, which is $40,800 (21%) higher than Bellwood. Rent there is a bit less expensive. Melrose Park's median monthly rent is $995, which is $73 (7%) lower than Bellwood.
Maywood
Maywood is Bellwood's neighbor to the east. Its housing prices are fairly similar. Maywood's median home value is $151,300, which is very similar to Bellwood. Rents there are somewhat less expensive. Maywood's median monthly rent is $965, which is $103 (10%) lower than Bellwood.
Hillside
Hillside is Bellwood's neighbor to the southwest. Real estate prices there are somewhat more expensive. Hillside's median home cost is $171,900, which comes out to $20,700 (12%) higher than Bellwood. The rent there is somewhat more expensive. The median monthly rent in Hillside is $1,181, which works out to $113 (9%) higher than Bellwood.
Berkeley
Berkeley is Bellwood's neighbor to the west. Real estate prices there are a little more expensive. The median home in Berkeley is valued at $178,700, which comes out to $27,500 (15%) higher than Bellwood. The rent there is somewhat less expensive. Berkeley's median monthly rent is $943, which comes out to $125 (13%) lower than Bellwood.
Stone Park
Stone Park is approximately 1 mile north from Bellwood. The real estate prices there are a bit less expensive. The value of the median home in Stone Park is $118,500, which works out to $32,700 (27%) lower than Bellwood. Its rents are similar. Stone Park's median rent is $1,099 a month, which works out to $31 (2%) higher than Bellwood.