Wheeling, IL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Wheeling, IL is $322,500, up 12.9% year-over-year. Homes sell in an average of 88 days with 77 active listings. The market is currently a balanced market.
$322,500median sale price
Homes sold
24
Last 12 weeks
Days on market
88
Average pace
Active listings
77
3.2 months supply
Sale-to-list
98.1%
Below asking
Wheeling, IL market data
| Metric | Value |
|---|---|
| Median sale price | $322,500 |
| Median list price | $305,000 |
| Year-over-year price change | +12.9% |
| Average days on market | 88 days |
| Active inventory | 77 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 98.1% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Wheeling housing market is currently classified as a balanced market with a median sale price of $322,500. Prices have risen 12.9% compared to last year, with homes spending an average of 88 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Wheeling
There are currently 77 homes listed for sale in Wheeling, Illinois. The median listing price is $305K.
Active listings
77
Homes on market
Median list price
$305K
Avg. days on market
88
Days until sale
New this week
31
Newly listed
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Frequently asked questions
What is the average home price in Wheeling?
The median home sale price in Wheeling is $322,500, up 12.9% from last year.
How long do homes stay on market in Wheeling?
Homes typically spend 88 days on market before going under contract.
Is Wheeling a buyer's or seller's market?
With 3.2 months of supply, Wheeling is currently a balanced market.
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