Wheaton, IL Market Snapshot
Single Family Homes Sales, Prices and Inventory
Each data point is 12 months of activity.
Number of Home Sales
The real estate market in Wheaton continues to be strong at nearly all price points. Despite high buyer demand, the number of single family home sales in Wheaton has slightly decreased in the past year. This is due to constrained inventory - too few houses for sale - rather than a softening of the market.
Average Sales Price
In Wheaton over the past year, the average sales price of about $430,000 increased by about 1.3%. Lower-priced homes sold for an average of just under $250,000 in the past year. The price of homes in the middle range of $300,000 to $500,000 increased by about 1.5% for an average of about $400,000.
Average Market Time
Market time is the number of days that a house was on the market when it went under contract. Over the past year, homes priced below $500,000 went under contract in an average of about 80 days, while homes priced over $500,000 were on the market an average of 3 to 4 months before selling.