How's Chicago's Real Estate Market?

Wilmette, IL 60091

Single-Family Homes

312-961-6212



Wilmette, IL 60091

Fri Oct 30 2020
This week the median list price for Wilmette, IL 60091 is $899,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 94. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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

Fri Oct 30 2020
This week the median list price for Wilmette, IL 60091 is $899,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 94. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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 $899,000
Per Square Foot $298
Days on Market 127
Price Decreased 57%
Price Increased 1%
Relisted 22%
Inventory 94
Median Rent $3,188
Most Expensive $4,175,000
Least Expensive $339,000
Market Action 37
Slight Seller's Advantage

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
$1,450,000 4,481 0.25 - 0.5 acre 5 5 67 1 1 145
$1,050,000 3,355 8,000 - 10,000 sqft 5 5 90 2 3 84
$782,350 3,044 8,000 - 10,000 sqft 4 4 66 2 1 149
$475,000 1,997 6,500 - 8,000 sqft 3 2 62 4 3 126