Wilmington, IL Housing Market & Real Estate

Leaning buyer's+81.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Wilmington, IL is $335,000, up 81.1% year-over-year. Homes sell in an average of 111 days with 13 active listings. The market is currently a leaning buyer's.

$335,000median sale price

Homes sold

4

Last 12 weeks

Days on market

111

Average pace

Active listings

13

3.3 months supply

Sale-to-list

94.8%

Below asking

Wilmington, IL market data

Current housing market statistics for Wilmington, IL
MetricValue
Median sale price$335,000
Median list price$220,000
Year-over-year price change+81.1%
Average days on market111 days
Active inventory13 listings
Months of supply3.3 months
Sale-to-list price ratio94.8%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Wilmington housing market is currently classified as a leaning buyer's with a median sale price of $335,000. Prices have risen 81.1% compared to last year, with homes spending an average of 111 days on market, indicating 3.3 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 Wilmington

There are currently 13 homes listed for sale in Wilmington, Illinois. The median listing price is $220K.

Active listings

13

Homes on market

Median list price

$220K

Avg. days on market

111

Days until sale

New this week

6

Newly listed

Price drops:30.8%of listings
Sale-to-list:94.8%

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Frequently asked questions

What is the average home price in Wilmington?

The median home sale price in Wilmington is $335,000, up 81.1% from last year.

How long do homes stay on market in Wilmington?

Homes typically spend 111 days on market before going under contract.

Is Wilmington a buyer's or seller's market?

With 3.3 months of supply, Wilmington is currently a leaning buyer's.

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