Prices, inventory, and demand — distilled every month into one clear verdict: buyer’s market or seller’s. The investor’s read, before you make an offer.
Yes, if you negotiate. Buyers have the upper hand in Belleville right now.
You have the upper hand in Belleville. Most homes for sale still have no buyer. Many sellers have already dropped their price once. Sellers are competing for you. Use it.
Only 61 out of every 100 homes for sale have found a buyer. The other 39 are still waiting. Your offer may be the only one on the table. About 1 in 5 sellers has already dropped their price. Each one has learned their first price was too high. Start below their new price, not their old one.
A typical Belleville home takes 45 days to find a buyer. Half of them take even longer. That is 30% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago. There are 276 homes for sale in Belleville. That is 2.6 times the tightest month on record, but below the peak of 616. Supply is steady against last year.
Asking prices are 20.6% below their Jan 2023 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. Belleville prices have risen in 85 of the last 111 months. Drops here have been short and shallow. Buying in a slow month has rarely hurt a long hold.
There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.
In Belleville, 33 out of every 100 households rent. Most own their home. That share has held steady for five years. Renter households average 2.0 people. Singles and couples rent here. Two bedrooms beat four.
Households held flat in five years. The housing stock shrank 2%. Demand is outrunning supply. 9.1% of homes sit empty. That is normal for a healthy market.
The median Belleville household earns $73,919 a year. Incomes here have grown 4.1% a year since 2019. Home prices have outrun incomes. Locals are being priced out. A typical home costs 2.9 times the median income. Locals can afford to buy here. Your exit buyer can be a family, not just another investor. A tenant on the median income can pay about $1,848 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast.
That is the market, not your address. Run an address through the app to see its rent estimate and cash flow.
Yes, if you negotiate. Buyers have the upper hand in Belleville right now. 61 out of every 100 homes for sale have a buyer, 21% of sellers have cut their price, and a typical home takes 45 days to sell.
Asking prices are 20.6% below their Jan 2023 peak. You are not buying at the top. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.
Assume +5.5% a year. Belleville has grown about 5.5% a year for five years and for ten. That is a durable trend, not a boom artifact. It is a fair long-run input. Prices fell 6.9% over the last year. That is a timing signal, not a trend.
A typical Belleville home takes 45 days to find a buyer. Half of them take even longer. That is 30% faster than a year ago. Those sellers are paying to own a house they want to sell. Search for homes listed 60+ days ago.
In Belleville, 33 out of every 100 households rent. Most own their home. That share has held steady for five years. 9.1% of homes sit empty. That is normal for a healthy market.
A tenant on the median income can pay about $1,848 a month. That is the standard 30% affordability line. Rents above it thin your tenant pool fast. The median Belleville household earns $73,919 a year.
Belleville has five ZIP codes. Each links to its live market dashboard.
Closest matches on asking price, price per square foot, days to sell, buyer demand, and price cuts.
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