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Downtown Wheaton SkylinePhoto: Sea Cow · CC BY-SA 4.0
Housing in Wheaton

580 homes sold in Wheaton in the last year, at a typical $483K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Wheaton homes are listed.

Homes sold
580
June 2025 to May 2026
Typical sale price
$483K
houses $584K · condos $250K
Price per square foot
$271
Illinois $193
Paid vs. asking
101.5%
54% sold over asking
For sale now
125
May 2026 · 55 sold that month
What sold · last 12 months

20% of Wheaton’s sales are condos, at $335K less than a house

391 houses and 116 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$584K

typical sale · 391 sold in 12 months

Per square foot
$293IL $180
Days to sell
41
Sold over asking
60%
Listings with a price cut
15%
Condos$250K

typical sale · 116 sold in 12 months

Per square foot
$231IL $251
Days to sell
44
Sold over asking
42%
Listings with a price cut
18%
Fewer sales

Townhouses: 73 sold, typical $386K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.7 times the 2016 price

580 sales in the last year, against 1,127 in 2021 and a low of 571 in 2023. The typical sale went from $290K in 2016 to $483K.

Homes soldTypical sale price
02875758621150$300K$400K$500K$600K2012: 583 sold, typical $265K’122013: 819 sold, typical $268K2014: 795 sold, typical $274K’142015: 807 sold, typical $286K2016: 888 sold, typical $290K’162017: 828 sold, typical $309K2018: 817 sold, typical $326K’182019: 793 sold, typical $326K2020: 960 sold, typical $334K’202021: 1127 sold, typical $363K2022: 849 sold, typical $387K’222023: 571 sold, typical $410K2024: 597 sold, typical $435K’242025: 594 sold, typical $467KLast 12 months: 580 sold, typical $483KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Wheaton

Houseat $293 a sq ft
Condoat $231 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Wheaton homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Wheaton are more common than before the pandemic, but two thirds fewer homes come up for sale

We read every month of Wheaton’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 580 sales.

If you’re buying in Wheaton

  • Shop in March. It brings about 107 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Less room to haggle. Only 15% of listings cut their price, against 24% before the pandemic.
  • Bid near asking. Buyers paid 101.5% of the list price on average; 54% paid over.
  • Move fast on good ones. Two thirds of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 111 a month), but May is the most competitive: 37% of May sales close over asking. March offers nearly as much choice with fewer homes bid up (25%). January has the least competition (15%) but only about 63 new listings.

New listings a monthShare sold over asking
028.857.586.311513%27%40%Sweet spotJan: 63 new listings a month, 15% sold over asking, 63 days to sellJFeb: 81 new listings a month, 19% sold over asking, 81 days to sellFMar: 107 new listings a month, 25% sold over asking, 57 days to sellMApr: 111 new listings a month, 33% sold over asking, 41 days to sellAMay: 110 new listings a month, 37% sold over asking, 39 days to sellMJun: 104 new listings a month, 33% sold over asking, 39 days to sellJJul: 80 new listings a month, 31% sold over asking, 39 days to sellJAug: 78 new listings a month, 26% sold over asking, 43 days to sellASep: 71 new listings a month, 23% sold over asking, 47 days to sellSOct: 61 new listings a month, 26% sold over asking, 45 days to sellONov: 39 new listings a month, 22% sold over asking, 56 days to sellNDec: 25 new listings a month, 22% sold over asking, 53 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than Illinois

Wheaton now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price54%16%35%37%
Gone within two weeksShare of homes under contract within 14 days64%38%50%46%
Listings with a price cutShare of homes for sale that cut their price15%24%30%19%
Price paid vs. askingAverage sale price ÷ list price101.5%97.4%99.1%99.2%
Days to sellMedian days from listing to contract41651949
Supply

89 homes for sale on a typical day

That’s 67% fewer than in 2017–19 and well under 2019’s 296.

2012: 268 for sale’122013: 240 for sale2014: 245 for sale2015: 284 for sale’152016: 240 for sale2017: 254 for sale2018: 257 for sale’182019: 296 for sale2020: 185 for sale2021: 120 for sale’212022: 157 for sale2023: 89 for sale2024: 92 for sale’242025: 90 for saleLast 12 months: 89 for saleNow
Room to negotiate

1 in 7 listings has cut its price

15% in the last year, against 24% in 2017–19 and 19% across Illinois.

2015: 31%’152016: 29%2017: 23%2018: 25%’182019: 25%2020: 31%2021: 30%’212022: 16%2023: 10%2024: 12%’242025: 14%Last 12 months: 15%Now
Prices by type

Since 2019, houses are up 50%, condos 62%

A house typically sold for $584K in the last year (391 sales), a condo for $250K (116).

$175K$350K$525K$700K2013201520172019202120232025NowHouses 2013: $329K, 595 salesHouses 2014: $333K, 560 salesHouses 2015: $335K, 575 salesHouses 2016: $350K, 611 salesHouses 2017: $376K, 570 salesHouses 2018: $371K, 579 salesHouses 2019: $391K, 563 salesHouses 2020: $376K, 722 salesHouses 2021: $409K, 835 salesHouses 2022: $461K, 600 salesHouses 2023: $485K, 383 salesHouses 2024: $515K, 397 salesHouses 2025: $571K, 402 salesHouses last 12 months: $584K, 391 salesHouses $584KCondos 2013: $99K, 119 salesCondos 2014: $120K, 143 salesCondos 2015: $126K, 124 salesCondos 2016: $136K, 167 salesCondos 2017: $152K, 150 salesCondos 2018: $152K, 146 salesCondos 2019: $154K, 133 salesCondos 2020: $158K, 129 salesCondos 2021: $172K, 135 salesCondos 2022: $192K, 155 salesCondos 2023: $214K, 100 salesCondos 2024: $241K, 121 salesCondos 2025: $243K, 116 salesCondos last 12 months: $250K, 116 salesCondos $250K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Illinois

Wheaton ranks 10th of 324 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Wheaton is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Wheaton home costs about $3,354 a month

Mortgage
Property tax
Insurance
Rent

Price: Wheaton’s typical sale, last 12 months. Property tax at Wheaton’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wheaton is affordable on local pay is on Cost of living.

Before you buy in Wheaton

Six things worth knowing

111

New listings in April

The month with the most choice. December has the fewest, about 25.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $483K home, about $10,010 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Wheaton, from test results, graduation and how much students grow.

Schools in Wheaton
26 min

Typical commute

The average one-way trip to work for people who live in Wheaton.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Glendale Heights, Carol Stream, Warrenville, Lombard and Winfield Township sell for less a square foot

The busier markets within 25 miles of Wheaton, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lombard618$369K$24343%47
Wheaton580$483K$27154%41
Glen Ellyn360$600K$30449%43
Carol Stream348$358K$22654%46
Glendale Heights330$303K$21548%51
Warrenville181$338K$23450%45
Winfield Township145$453K$23452%44

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Wheaton, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wheaton. People who follow the town see it, and so do people comparing Wheaton with their own town. No commission, no listing fee.

Questions about buying a home in Wheaton

What do homes sell for in Wheaton, IL?

580 homes sold in the year to May 2026 at a typical $483K, $271 a square foot. Houses sold for about $584K, condos for about $250K.

Is Wheaton a buyer’s or seller’s market?

A seller’s market: 125 homes were for sale in May 2026 and 55 sold, about 2.3 months of supply. Buyers paid 101.5% of asking on average, and 15% of listings cut their price.

When is the best time to buy in Wheaton?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Wheaton?

About 2.1% of a home’s value a year. On a $483K home that’s near $10,010.

Where can I see homes for sale in Wheaton?

Zillow, Redfin, Realtor.com and Homes.com all carry Wheaton’s MLS listings; the search links above open each one filtered to Wheaton.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).