Wilmington, IL Housing Market & Real Estate
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
| Metric | Value |
|---|---|
| Median sale price | $335,000 |
| Median list price | $220,000 |
| Year-over-year price change | +81.1% |
| Average days on market | 111 days |
| Active inventory | 13 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 94.8% |
| Market condition | Leaning 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
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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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