Craig Sebert's Market Report

Wheaton, IL

Single-Family Homes

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



Wheaton, IL

Sat Jan 23 2021
This week the median list price for Wheaton, IL is $486,950 with the market action index hovering around 42. This is an increase over last month's market action index of 37. Inventory has held steady at or around 112. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Wheaton, IL

Sat Jan 23 2021
This week the median list price for Wheaton, IL is $486,950 with the market action index hovering around 42. This is an increase over last month's market action index of 37. Inventory has held steady at or around 112. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Wheaton market.
Median List Price $486,950
Per Square Foot $209
Days on Market 192
Price Decreased 42%
Price Increased 3%
Relisted 36%
Inventory 112
Median Rent $1,825
Most Expensive $2,650,000
Least Expensive $175,000
Market Action 42
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$994,499 4,283 0.25 - 0.5 acre 4 4 15 6 5 331
$567,450 2,903 0.25 - 0.5 acre 4 3 29 9 8 264
$424,950 2,144 0.25 - 0.5 acre 4 2 51 11 7 89
$300,000 1,462 8,000 - 10,000 sqft 3 2 65 6 14 84