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Housing in Wilmington Township

151 homes sold in Wilmington Township in the last year, at a typical $255K

Redfin reports Wilmington Township’s sales by ZIP code, so these figures are for ZIP 60481, which takes in Wilmington Township and the area around it. Almost every sale is a house. 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 Wilmington Township homes are listed.

Homes for sale in Wilmington TownshipZillowRealtor.comMore places to look ↓
Homes sold
151
ZIP 60481 · October 2025 to September 2026
Typical sale price
$255K
median, weighted by sales
Price per square foot
$190
Illinois $193
Paid vs. asking
98.1%
27% sold over asking
For sale now
48
September 2026 · 17 sold that month
What sold · last 12 months · ZIP 60481

Houses are 97% of Wilmington Township’s sales, at a typical $241K (year to May 2026)

151 homes sold in the year to September 2026.

Houses$241K

typical sale · 148 sold in the year to May 2026

Per square foot
$184IL $180
Days to sell
66
Sold over asking
27%
Fewer sales

Condos: 1 sold, typical $231K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

151 sales in the last year, against 223 in 2021 and a low of 102 in 2012. The typical sale went from $132K in 2016 to $255K.

Homes soldTypical sale price
062125187250$75K$150K$225K$300K2012: 102 sold, typical $88K’122013: 156 sold, typical $118K2014: 186 sold, typical $122K’142015: 158 sold, typical $135K2016: 176 sold, typical $132K’162017: 211 sold, typical $142K2018: 208 sold, typical $138K’182019: 183 sold, typical $155K2020: 178 sold, typical $166K’202021: 223 sold, typical $176K2022: 185 sold, typical $179K’222023: 147 sold, typical $181K2024: 152 sold, typical $205K’242025: 151 sold, typical $233KLast 12 months: 151 sold, typical $255KNow

Source: Redfin Data Center, MLS sales; for ZIP 60481, which takes in Wilmington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $250K buys in Wilmington Township

Houseat $184 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Wilmington 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.

What the sales history says · 14 years of sales

Bidding wars in Wilmington Township are more common than before the pandemic, but half fewer homes come up for sale

We read every month of home sales in ZIP 60481 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 September 2026, 151 sales.

If you’re buying in Wilmington Township

  • Shop in October. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • Bid near asking. Buyers paid 98.1% of the list price on average; 27% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 24 a month), and the most competition: 22% close over asking. September and October offer nearly as much choice with fewer homes bid up (21%). January has the least competition (13%) but only about 11 new listings.

New listings a monthShare sold over asking
06.312.518.82513%27%40%Sweet spotJan: 11 new listings a month, 13% sold over asking, 62 days to sellJFeb: 10 new listings a month, 14% sold over asking, 69 days to sellFMar: 14 new listings a month, 16% sold over asking, 79 days to sellMApr: 18 new listings a month, 18% sold over asking, 87 days to sellAMay: 23 new listings a month, 19% sold over asking, 84 days to sellMJun: 24 new listings a month, 20% sold over asking, 66 days to sellJJul: 24 new listings a month, 22% sold over asking, 56 days to sellJAug: 23 new listings a month, 22% sold over asking, 54 days to sellASep: 21 new listings a month, 21% sold over asking, 53 days to sellSOct: 19 new listings a month, 18% sold over asking, 59 days to sellONov: 16 new listings a month, 16% sold over asking, 59 days to sellNDec: 13 new listings a month, 14% sold over asking, 60 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Wilmington Township now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price27%12%27%36%
Gone within two weeksShare of homes under contract within 14 days46%27%49%45%
Price paid vs. askingAverage sale price ÷ list price98.1%94.4%97.5%99%
Days to sellMedian days from listing to contract64852051
Supply

44 homes for sale on a typical day

That’s 1.5 times the 2021 low (30), 47% fewer than in 2017–19 and well under 2014’s 109.

2012: 106 for sale’122013: 98 for sale2014: 109 for sale2015: 98 for sale’152016: 97 for sale2017: 97 for sale2018: 80 for sale’182019: 74 for sale2020: 41 for sale2021: 30 for sale’212022: 46 for sale2023: 33 for sale2024: 34 for sale’242025: 43 for saleLast 12 months: 44 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 60481, which takes in Wilmington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Wilmington Township home costs about $1,737 a month

Mortgage
Property tax
Insurance
Rent

Price: Wilmington Township’s typical sale, last 12 months. Property tax at Wilmington Township’s 1.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wilmington Township is affordable on local pay is on Cost of living.

Before you buy in Wilmington Township

Five things worth knowing

24

New listings in July

The month with the most choice. February has the fewest, about 10.

Best time to buy
1.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $255K home, about $4,870 a year.

Taxes vs. neighbors
22 min

Typical commute

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

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

Wilmington, Elwood and Channahon sell for less a square foot

The busier markets within 25 miles of Wilmington Township, 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
Channahon159$385K$18330%57
Wilmington Township (ZIP 60481)151$255K$19027%64
Braidwood113$238K$18822%80
Wilmington69$289K$18240%49
Coal City65$287K$19138%57
Elwood32$300K$18121%52
Diamond25$321K$19222%64

Redfin Data Center, October 2025 to September 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 Wilmington Township, free

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

Questions about buying a home in Wilmington Township

What do homes sell for in Wilmington Township, IL?

151 homes sold in the year to September 2026 at a typical $255K, $190 a square foot.

Is Wilmington Township a buyer’s or seller’s market?

A seller’s market: 48 homes were for sale in September 2026 and 17 sold, about 2.8 months of supply. Buyers paid 98.1% of asking on average.

When is the best time to buy in Wilmington Township?

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

How much are property taxes in Wilmington Township?

About 1.9% of a home’s value a year. On a $255K home that’s near $4,870.

Where can I see homes for sale in Wilmington Township?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 60481, which takes in Wilmington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).