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Foreclosure Homes in Wilmette, IL

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Wilmette, IL Foreclosures

Current Market Conditions in in Wilmette, IL As of April 2026?
In the past month, the Wilmette real estate market has seen a slight uptick in home sales, following a seasonal trend as families look to settle before the school year begins. While inventory remains limited, properties listed have shown to sell quickly, some above the asking price, reinforced by ongoing interest from homebuyers looking for quality living spaces in the area.
How much do homes sell for in Wilmette, IL?
The average home price is currently $1,141,531.
In Wilmette, IL, how many homes are available?
There are currently 14 active home listings available in Wilmette.
What’s the average rental cost in Wilmette, IL?
The average rental price in Wilmette is $3,519.
What is the most expensive home in Wilmette?
The most expensive home sold in Wilmette had a price of $64,770,058.
What is currently the cheapest priced home in Wilmette, IL?
The cheapest home for sale in Wilmette is priced at $11,904.

Living in Wilmette, IL

Wilmette, IL is a picturesque suburban community that offers a blend of charm and convenience, located just 14 miles north of downtown Chicago. Known for its highly-rated public schools and rich recreational opportunities, Wilmette boasts a lively downtown area with shops and restaurants, making it an ideal place for families and professionals alike. Enjoy easy access to the serene beaches of Lake Michigan, parks, and a vibrant sense of community.

Buyer vs Seller Market in Wilmette, IL

The real estate market in Wilmette has shown resilience with a steady demand for homes, particularly among families seeking quality school districts and a safe environment. The community's location and amenities continue to make it a desirable choice for buyers, maintaining stable property values.

Recent trends indicate a competitive housing market, with a noticeable increase in home prices, driven by low inventory and high demand. Many homes are receiving multiple offers, reflecting the desirability of the area. Buyers need to act quickly to secure properties.

Home Value Estimator For Wilmette, IL

There are currently 10,619 real estate properties in Wilmette, IL, with a median automated valuation model (AVM) price of $998,528.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wilmette, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wilmette, IL, is $1,141,531.00, with the most expensive house in Wilmette, IL, topping out at $64,770,058.00 and the cheapest home in Wilmette, IL, clocking in at $11,904.00. In other words, there’s something for every potential homebuyer or savvy investor in Wilmette, IL!

Rent Prices In Wilmette, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wilmette, IL, is on a rollercoaster ride. The average rent price in Wilmette, IL, is $3,519.00. Indeed, when looking to rent in Wilmette, IL, you can expect to pay as little as $890.00 or as much as $5,500.00, with the average rent median estimated to be $3,590.00. The good news is that finding an affordable and desirable property to rent in Wilmette, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wilmette, IL Foreclosures

Market Trend for Wilmette, IL

Total Listings Available: 14

Market Values:

Home Prices from $11,904 to $64,770,058

Average Sales Price: $1,141,531

Rental Values:

Rental from $890 to $5,500

Average Rent Value: $3,519 / month

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