Above, you'll find an overview of the real estate market in Bellwood, IL. Generally, real estate in the Bellwood, IL area is more affordable in Illinois, as the median price of a home in Bellwood, IL is $116,000, which is 34% lower than the Illinois average. The median rental price in Bellwood, IL is $1,064. This is 15% higher than the average rental price in Illinois. Home owners comprise 70.3% of the population of Bellwood, IL, where an average of 3.0 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Bellwood, IL. Below, you can search for real estate listings in Bellwood, IL using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.