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Housing in Wonder Lake

209 homes sold in Wonder Lake in the last year, at a typical $317K

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 Wonder Lake homes are listed.

Homes sold
209
October 2025 to September 2026
Typical sale price
$317K
median, weighted by sales
Price per square foot
$189
Illinois $193
Paid vs. asking
99.7%
23% sold over asking
For sale now
55
September 2026 · 16 sold that month
What sold · last 12 months

Houses are 61% of Wonder Lake’s sales, at a typical $367K (year to May 2026)

209 homes sold in the year to September 2026.

Houses$367K

typical sale · 125 sold in the year to May 2026

Per square foot
$196IL $180
Days to sell
83
Sold over asking
22%
Listings with a price cut
20%
Fewer sales

Townhouses: 78 sold, typical $285K
Condos: 1 sold, typical $272K

Too few sales in 12 months for reliable figures.

14 years of sales

More homes sell than most years, at 2.3 times the 2016 price

209 sales in the last year, against 282 in 2023 and a low of 68 in 2012. The typical sale went from $140K in 2016 to $317K.

Homes soldTypical sale price
075150225300$100K$200K$300K$400K2012: 68 sold, typical $99K’122013: 90 sold, typical $100K2014: 72 sold, typical $141K’142015: 81 sold, typical $134K2016: 110 sold, typical $140K’162017: 94 sold, typical $168K2018: 93 sold, typical $186K’182019: 77 sold, typical $170K2020: 100 sold, typical $196K’202021: 111 sold, typical $234K2022: 257 sold, typical $259K’222023: 282 sold, typical $286K2024: 227 sold, typical $300K’242025: 213 sold, typical $311KLast 12 months: 209 sold, typical $317KNow

Source: Redfin Data Center, MLS sales; from June 2026 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 $300K buys in Wonder Lake

Houseat $196 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 Wonder Lake 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 Wonder Lake are back to pre-pandemic levels, and more homes are for sale

We read every month of Wonder Lake’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 September 2026, 209 sales.

If you’re buying in Wonder Lake

  • Shop in March. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Bid near asking. Buyers paid 99.7% of the list price on average; 23% paid over.
  • You’ll usually have time. Only 24% of homes go under contract within two weeks; the typical one takes 87 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 20 a month), but August is the most competitive: 26% of August sales close over asking. March and April offer nearly as much choice with fewer homes bid up (17%). November has the least competition (8%) 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, 12% sold over asking, 89 days to sellJFeb: 12 new listings a month, 18% sold over asking, 110 days to sellFMar: 17 new listings a month, 17% sold over asking, 85 days to sellMApr: 18 new listings a month, 21% sold over asking, 67 days to sellAMay: 19 new listings a month, 22% sold over asking, 57 days to sellMJun: 20 new listings a month, 23% sold over asking, 46 days to sellJJul: 18 new listings a month, 25% sold over asking, 54 days to sellJAug: 17 new listings a month, 26% sold over asking, 71 days to sellASep: 13 new listings a month, 19% sold over asking, 56 days to sellSOct: 16 new listings a month, 19% sold over asking, 54 days to sellONov: 11 new listings a month, 8% sold over asking, 68 days to sellNDec: 9 new listings a month, 17% sold over asking, 67 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Illinois

Wonder Lake now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price23%19%40%36%
Gone within two weeksShare of homes under contract within 14 days24%37%51%45%
Price paid vs. askingAverage sale price ÷ list price99.7%96.6%99.2%99%
Days to sellMedian days from listing to contract87801851
Supply

66 homes for sale on a typical day

That’s 4.1 times the 2020 low (16) and 133% more than in 2017–19.

2012: 51 for sale’122013: 44 for sale2014: 37 for sale2015: 43 for sale’152016: 41 for sale2017: 36 for sale2018: 27 for sale’182019: 22 for sale2020: 16 for sale2021: 23 for sale’212022: 66 for sale2023: 59 for sale2024: 65 for sale’242025: 67 for saleLast 12 months: 66 for saleNow
Across Illinois

Wonder Lake ranks 284th of 327 busy Illinois markets for bidding wars

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

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Wonder Lake home costs about $2,296 a month

Mortgage
Property tax
Insurance
Rent

Price: Wonder Lake’s typical sale, last 12 months. Property tax at Wonder Lake’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wonder Lake is affordable on local pay is on Cost of living.

Before you buy in Wonder Lake

Six things worth knowing

20

New listings in June

The month with the most choice. December has the fewest, about 9.

Best time to buy
2.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $317K home, about $7,710 a year.

Taxes vs. neighbors
B+

Schools

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

Schools in Wonder Lake
37 min

Typical commute

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

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

Richmond sells for less a square foot; Pistakee Highlands for far more

The busier markets within 25 miles of Wonder Lake, 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
McHenry437$308K$19137%49
Woodstock368$330K$18530%59
Wonder Lake209$317K$18923%87
Johnsburg88$407K$21359%60
Spring Grove55$553K$18933%81
Pistakee Highlands32$286K$24540%54
Richmond32$251K$17635%46

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 Wonder Lake, free

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

Questions about buying a home in Wonder Lake

What do homes sell for in Wonder Lake, IL?

209 homes sold in the year to September 2026 at a typical $317K, $189 a square foot.

Is Wonder Lake a buyer’s or seller’s market?

A seller’s market: 55 homes were for sale in September 2026 and 16 sold, about 3.3 months of supply. Buyers paid 99.7% of asking on average.

When is the best time to buy in Wonder Lake?

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

How much are property taxes in Wonder Lake?

About 2.4% of a home’s value a year. On a $317K home that’s near $7,710.

Where can I see homes for sale in Wonder Lake?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).