Wonder Lake, IL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Wonder Lake, IL is $336,990, up 14.0% year-over-year. Homes sell in an average of 87 days with 62 active listings. The market is currently a buyer's market.
$336,990median sale price
Homes sold
12
Last 12 weeks
Days on market
87
Average pace
Active listings
62
5.2 months supply
Sale-to-list
99.3%
Below asking
Wonder Lake, IL market data
| Metric | Value |
|---|---|
| Median sale price | $336,990 |
| Median list price | $355,990 |
| Year-over-year price change | +14.0% |
| Average days on market | 87 days |
| Active inventory | 62 listings |
| Months of supply | 5.2 months |
| Sale-to-list price ratio | 99.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Wonder Lake housing market is currently classified as a buyer's market with a median sale price of $336,990. Prices have risen 14.0% compared to last year, with homes spending an average of 87 days on market, indicating 5.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Wonder Lake
There are currently 62 homes listed for sale in Wonder Lake, Illinois. The median listing price is $356K.
Active listings
62
Homes on market
Median list price
$356K
Avg. days on market
87
Days until sale
New this week
19
Newly listed
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Frequently asked questions
What is the average home price in Wonder Lake?
The median home sale price in Wonder Lake is $336,990, up 14.0% from last year.
How long do homes stay on market in Wonder Lake?
Homes typically spend 87 days on market before going under contract.
Is Wonder Lake a buyer's or seller's market?
With 5.2 months of supply, Wonder Lake is currently a buyer's market.
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