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Land Foreclosures in Wilmette, IL

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Wilmette, IL Foreclosures

How much do homes sell for in Wilmette, IL?
The average home price is currently $1,107,314.
In Wilmette, IL, how many homes are available?
There are currently 12,051 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 $64,391,524.
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, Illinois, is a charming suburban enclave situated along the shores of Lake Michigan. Known for its excellent schools, beautiful parks, and strong community spirit, Wilmette offers residents a peaceful lifestyle just a short commute from Chicago. The village features an array of local amenities, making it a desirable place for families and professionals alike.

Current Market Conditions in Wilmette, IL

The real estate market in Wilmette remains competitive, with demand steadily increasing due to its highly sought-after schools and family-friendly environment. Recent trends show a rise in home prices, with many buyers eager to settle in this desirable suburb. The inventory of available homes fluctuates as new listings quickly go under contract, demonstrating a strong seller's market.

In recent months, Wilmette has seen slight fluctuations in home sales, largely attributed to seasonal market trends. As warmer months approach, the market is expected to see an uptick in activity, with many families looking to purchase before the start of the school year.

Home Value Estimator For Wilmette, IL

There are currently 10,611 real estate properties in Wilmette, IL, with a median automated valuation model (AVM) price of $955,759.00. 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 $1,107,314.00, with the most expensive house in Wilmette, IL, topping out at $64,391,524.00 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 Land


Market Trend for Wilmette, IL

Total Listings Available: 12,051

Market Values:

Home Prices from $11,904 to $64,391,524

Average Sales Price: $1,107,314

Rental Values:

Rental from $890 to $5,500

Average Rent Value: $3,519 / month

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