Craig Sebert's Market Report

Wheaton, IL

Single-Family Homes

Craig.Sebert@kw.com | (331) 481-3051 | CraigSebert.com



Wheaton, IL

Fri Apr 23 2021
This week the median list price for Wheaton, IL is $549,900 with the market action index hovering around 56. This is an increase over last month's market action index of 54. Inventory has held steady at or around 78. Click here to stay informed with the Wheaton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Wheaton, IL

Fri Apr 23 2021
This week the median list price for Wheaton, IL is $549,900 with the market action index hovering around 56. This is an increase over last month's market action index of 54. Inventory has held steady at or around 78. Click here to stay informed with the Wheaton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Wheaton market.
Median List Price $549,900
Per Square Foot $218
Days on Market 28
Price Decreased 33%
Price Increased 1%
Relisted 14%
Inventory 78
Median Rent $2,088
Most Expensive $3,750,000
Least Expensive $275,000
Market Action 56
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,195,000 5,133 0.25 - 0.5 acre 5 5 17 1 2 154
$724,900 3,421 0.25 - 0.5 acre 4 3 32 5 2 49
$499,900 2,359 0.25 - 0.5 acre 4 2 53 10 4 10
$344,900 1,435 0.25 - 0.5 acre 3 2 60 8 7 14