Photo: bogdanstepniak · CC BY 3.0363 homes sold in Wheeling Township in the last year, at a typical $306K
Most homes sold are condos. 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 Wheeling Township homes are listed.
Every place Wheeling Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Wheeling Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Half of Wheeling Township’s sales are condos, at $155K less than a house
94 houses and 169 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 94 sold in 12 months
- Per square foot
- $258IL $180
- Days to sell
- 50
- Sold over asking
- 51%
- Listings with a price cut
- 20%
typical sale · 169 sold in 12 months
- Per square foot
- $214IL $251
- Days to sell
- 54
- Sold over asking
- 31%
- Listings with a price cut
- 18%
Townhouses: 100 sold, typical $351K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.8 times the 2016 price
363 sales in the last year, against 626 in 2021 and a low of 372 in 2025. The typical sale went from $174K in 2016 to $306K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Wheeling Township
Check a listing against what Wheeling Township 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.
Bidding wars in Wheeling Township are more common than before the pandemic, but 43% fewer homes come up for sale
We read every month of Wheeling Township’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, 363 sales.
If you’re buying in Wheeling Township
- Shop in March. It brings about 64 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
- Less room to haggle. Only 18% of listings cut their price, against 22% before the pandemic.
- Bid near asking. Buyers paid 99.5% of the list price on average; 38% paid over.
- You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 56 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 64 a month), but April is the most competitive: 34% of April sales close over asking. January has the least competition (22%) but only about 35 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and about like Illinois as a whole
| Wheeling Township now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 38% | 17% | 28% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 42% | 35% | 46% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 18% | 22% | 28% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.5% | 97% | 98.2% | 99.2% |
| Days to sellMedian days from listing to contract | 56 | 64 | 21 | 49 |
83 homes for sale on a typical day
That’s 1.4 times the 2023 low (61), 43% fewer than in 2017–19 and well under 2012’s 232.
1 in 5 listings has cut its price
18% in the last year, against 22% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 81%, condos 67%
A house typically sold for $405K in the last year (94 sales), a condo for $250K (169).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Wheeling Township ranks 159th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Wheeling Township is in the middle of the pack.
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.
Owning the typical Wheeling Township home costs about $2,157 a month
Price: Wheeling Township’s typical sale, last 12 months. Property tax at Wheeling Township’s 2.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wheeling Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 23.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $306K home, about $6,730 a year.
Taxes vs. neighborsSchools
The schools grade for Wheeling Township, from test results, graduation and how much students grow.
Schools in Wheeling TownshipTypical commute
The average one-way trip to work for people who live in Wheeling Township.
Work & commuteCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot; Riverwoods for far more
The busier markets within 25 miles of Wheeling Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Arlington Heights | 906 | $470K | $269 | 45% | 45 |
| Buffalo Grove | 537 | $420K | $243 | 45% | 49 |
| Mount Prospect | 536 | $428K | $259 | 45% | 46 |
| Wheeling Township | 363 | $306K | $222 | 38% | 56 |
| Rolling Meadows | 271 | $329K | $237 | 44% | 47 |
| Prospect Heights | 208 | $313K | $219 | 37% | 53 |
| Riverwoods | 45 | $949K | $281 | 38% | 43 |
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.
Post your home to Wheeling Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wheeling Township. People who follow the town see it, and so do people comparing Wheeling Township with their own town. No commission, no listing fee.
Questions about buying a home in Wheeling Township
What do homes sell for in Wheeling Township, IL?
363 homes sold in the year to May 2026 at a typical $306K, $222 a square foot. Houses sold for about $405K, condos for about $250K.
Is Wheeling Township a buyer’s or seller’s market?
A seller’s market: 84 homes were for sale in May 2026 and 27 sold, about 3.1 months of supply. Buyers paid 99.5% of asking on average, and 18% of listings cut their price.
When is the best time to buy in Wheeling Township?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Wheeling Township?
About 2.2% of a home’s value a year. On a $306K home that’s near $6,730.
Where can I see homes for sale in Wheeling Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Wheeling Township’s MLS listings; the search links above open each one filtered to Wheeling Township.
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).