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Foreclosures in Wilmette, IL 60091

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Wilmette, IL Foreclosures

Current Market Conditions in in Wilmette, IL As of February 2026?
Over the past month, the Wilmette real estate market has seen a slight increase in home sales as interest rates stabilize. Buyers have been more willing to enter the market, especially in a town known for its high-quality schools and beautiful parks. Some listings are still facing challenges due to slightly higher price points compared to last year, but overall, the market shows resilience, indicating strong demand.
How much do homes sell for in Wilmette, IL?
The average home price is currently $1,098,705.
In Wilmette, IL, how many homes are available?
There are currently 20 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 $64,185,040.
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 an appealing suburban community located on the shores of Lake Michigan, just 14 miles north of downtown Chicago. It offers excellent schools, beautiful parks, and a rich cultural life, making it a desirable location for families and professionals alike. The town combines small-town charm with the conveniences of big-city living, with easy access to public transportation and an array of amenities.

Buyer vs Seller Market in Wilmette, IL

The real estate market in Wilmette remains competitive, with homes typically experiencing quick sales due to high demand. Current interest rates have prompted a cautious approach among buyers, though overall interest in the area remains robust, particularly for family-oriented buyers seeking excellent education and community resources.

Recent trends show an increase in home prices, as new listings often receive multiple offers. The appeal of Wilmette's location, combined with its quality of life, makes it a sought-after area for both move-up buyers and those relocating from the city.

Home Value Estimator For Wilmette, IL

There are currently 10,617 real estate properties in Wilmette, IL, with a median automated valuation model (AVM) price of $950,533.00. 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 $1,098,705.00, with the most expensive house in Wilmette, IL, topping out at $64,185,040.00 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 60091 Foreclosures

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