The Belvidere housing market is very competitive. The median sale price of a home in Belvidere was $253K last month, up 7.5% since last year. The median sale price per square foot in Belvidere is $137, up 19.1% since last year.
What is the housing market like in Belvidere today?
In February 2025, Belvidere home prices were up 7.5% compared to last year, selling for a median price of $253K. On average, homes in Belvidere sell after 55 days on the market compared to 17 days last year. There were 15 homes sold in February this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$252,500
+7.5% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Belvidere, IL
$252,500
+7.5%
United States
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How hot is the Belvidere housing market?
Belvidere is very competitive. Homes sell in 30 days.
0
100
80
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 30 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Belvidere housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Belvidere.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Belvidere has a minor risk of flooding. 628 properties in Belvidere are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Belvidere. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Belvidere has a moderate risk of wildfire. There are 87 properties in Belvidere that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Belvidere.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Belvidere has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Belvidere is most at risk from hurricanes. 8,070 properties in Belvidere have some risk of being in a severe wind event within the next 30 years.