Is Wheaton, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wheaton is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Wheaton has remained a Seller's Market.

Key Takeaway

Wheaton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Wheaton, IL cost?

Median Sold Price

$363,458

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$30,101(+9.0%)

Key Takeaway

Homes in Wheaton have sold for 9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $108K$116.2K
+7.7%
2 $173.9K$185K
+6.4%
3 $306.3K$329.8K
+7.7%
4 $455K$499.5K
+9.8%
5+ $580.2K$630K
+8.6%

Median Sold Price Compared To Nearby Cities

Winfield
+11.3%
Carol Stream
+10.2%
Wheaton
+9.0%
Milton Township
+8.9%
Glen Ellyn
-1.1%

How many homes are available in Wheaton, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
286250-12.6%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 64
-33.3%
2 5248
-7.7%
3 11389
-21.2%
4 8378
-6.0%
5+ 3231
-3.1%

Number of Homes Sold

Nov 2021Dec 2021%
6675+13.6%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wheaton, you may be able to get a good deal. 57.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
27 Days20 Days-24.7%

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wheaton are selling fast, if you're buying plan to act quickly.

1736 Pershing Ave, Wheaton, IL 60189

1736 Pershing Ave, Wheaton, IL 60189

$309,900~$1,150/mo.*
3 Beds • 3 Baths1,675 SqFt
Vaseekaran Janarthanam#11308427Listing Office:
Re/Max 1stMLS logo
227 S Williston St, Wheaton, IL 60187

227 S Williston St, Wheaton, IL 60187

$799,900~$3,000/mo.*
4 Beds • 4 Baths4,047 SqFt
Lance Kammes#11308289Listing Office:
RE/MAX SuburbanMLS logo
2019 Somerset Ln, Wheaton, IL 60189

2019 Somerset Ln, Wheaton, IL 60189

$549,900~$2,050/mo.*
4 Beds • 3 Baths2,786 SqFt
Greg Vanden Brook#11306734Listing Office:
Charles Rutenberg Realty of ILMLS logo
1810 N Summit St, Wheaton, IL 60187

1810 N Summit St, Wheaton, IL 60187

$419,000~$1,600/mo.*
3 Beds • 2 Baths1,387 SqFt
Saul Ruiz#11300144Listing Office:
Redfin CorporationMLS logo
1384 Briarcliffe Blvd, Wheaton, IL 60189

1384 Briarcliffe Blvd, Wheaton, IL 60189

$415,000~$1,550/mo.*
4 Beds • 3 Baths2,161 SqFt
Christi Patch-Wegner#11307701Listing Office:
Keller Williams Premiere PropertiesMLS logo
211 N Woodlawn St, Wheaton, IL 60187

211 N Woodlawn St, Wheaton, IL 60187

$425,000~$1,600/mo.*
4 Beds • 3 Baths1,810 SqFt
Patrick Roach#11300423Listing Office:
Southwestern Real Estate, Inc.MLS logo
908 S Wheaton Ave, Wheaton, IL 60189

908 S Wheaton Ave, Wheaton, IL 60189

$439,900~$1,650/mo.*
4 Beds • 2 Baths2,096 SqFt
Marcia Neal#11219917Listing Office:
Coldwell Banker RealtyMLS logo
1545 Woodcutter Ln Unit B, Wheaton, IL 60189

1545 Woodcutter Ln Unit B, Wheaton, IL 60189

$159,900~$600/mo.*
2 Beds • 2 Baths882 SqFt
Kip Thang#11306839Listing Office:
Amis Real Estate,, Inc.MLS logo
1102 S Gables Blvd, Wheaton, IL 60189

1102 S Gables Blvd, Wheaton, IL 60189

$384,900~$1,450/mo.*
3 Beds • 2 Baths1,347 SqFt
Kathy Loth#11302407Listing Office:
RE/MAX SuburbanMLS logo
1007 Delles Rd, Wheaton, IL 60189

1007 Delles Rd, Wheaton, IL 60189

$330,000~$1,250/mo.*
Julie Schwager#11165306Listing Office:
@propertiesMLS logo
311 E Hawthorne Blvd, Wheaton, IL 60187

311 E Hawthorne Blvd, Wheaton, IL 60187

$899,900~$3,400/mo.*
4 Beds • 4 Baths4,058 SqFt
Eric Logan#11306088Listing Office:
Realty Executives PremiereMLS logo
0N765 Knollwood Dr, Wheaton, IL 60187

0N765 Knollwood Dr, Wheaton, IL 60187

$320,000~$1,200/mo.*
3 Beds • 3 Baths1,172 SqFt
Howard Fearon#11305808Listing Office:
HomeSmart Realty GroupMLS logo

About Wheaton, IL

Homes for sale in Wheaton, IL have reached 250. The number of homes for sale in Wheaton, IL decreased by 12.6% between November 2021 and December 2021. In December 2021, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $363,458. This housing market listing prices have changed between November 2021 and December 2021: the cost of 1 bedroom properties went up by 7.7%, the cost of 2 bedrooms properties went up by 6.4%, prices of 3 bedrooms properties increased by 7.7%, 4 bedrooms properties prices increased by 9.8%, prices of 5 bedrooms properties went up by 8.6%. This housing market inventory have changed: the quantity of 1 bedroom homes went down by 33.3%, 2 bedrooms homes became 7.7% less available, 3 bedrooms homes became 21.2% less available, volume of 4 bedrooms homes went down by 6%, volume of 5 bedrooms homes went down by 3.1%. In December 2021, from all listings sold in Wheaton, IL there were more than 26 sold above asking price, over 43 sold below and more than 6 were sold right at the asked price.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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