How's Chicago's Real Estate Market?

Wilmette, IL 60091

Single-Family Homes

312-961-6212



Wilmette, IL 60091

Wed Jun 16 2021
This week the median list price for Wilmette, IL 60091 is $824,500 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has increased to 65. Click here to stay informed with the Wilmette market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Wilmette, IL 60091

Wed Jun 16 2021
This week the median list price for Wilmette, IL 60091 is $824,500 with the market action index hovering around 48. This is less than last month's market action index of 51. Inventory has increased to 65. Click here to stay informed with the Wilmette market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Wilmette market.
Median List Price $824,500
Median Price of New Listings $869,500
Per Square Foot $311
Average Days on Market 88
Median Days on Market 35
Price Decreased 42%
Price Increased 0%
Relisted 25%
Inventory 65
Median Rent $3,500
Market Action 48
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,595,000 4,502 0.25 - 0.5 acre 5 4 68 3 2 38
$997,500 3,384 8,000 - 10,000 sqft 4 3 81 8 3 7
$750,000 2,772 8,000 - 10,000 sqft 4 2 65 2 4 42
$479,000 1,630 8,000 - 10,000 sqft 3 2 62 5 4 21