Wilmington, IL Home Values & Market Trends
Real estate market trends reflect that there have been 187 transactions over the past year in Wilmington. The median value for residential home transactions that occurred over the previous year is $213,504.8. The number of current listings in Wilmington is 4, and the percentage of properties for sale in the city is 4.00%. Wilmington, IL currently has 19 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 4 properties for sale.
Wilmington, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60481 | $ 249,894 $ 99/sqft |
Housing Market Summary for Wilmington, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $222K | $201.1K | -9.41% |
Median Sold Price | $185.9K | $201.1K | 8.18% |
Homes For Sale | 3 | 3 | - |
Homes Sold | 95 | 118 | 24.21% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Wilmington, IL
Browse Homes in Wilmington, IL
Wilmington home values range from $18,574 to $1,535,702. The median estimated value of a home in Wilmington is $213,504.8. The median list price of a home is 267,000, and the total count of properties in the city is 3,455.
- Pre-ForeclosurePre-foreclosure homes account for 0.41% of all residential properties in Wilmington, IL with 60481 containing 15 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Wilmington, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $354,099 in 60481 to the lowest home value of $127,839 in 60481.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Wilmington, IL ranges from the highest value of $218,328 in 60481 to the lowest value of $207,459 in 60481. Bank owned homes and properties account for 0.03% of properties in Wilmington, IL. There is 1 zips within Wilmington, IL; 60481 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60481 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Wilmington, IL. Auction homes and other auction properties account for 0.12% of all properties in Wilmington, IL. There is 1 zips within Wilmington, IL; of that zips, the median estimated home value for homes going to auction ranges from $311,217 in 60481 to the lowest value of $134,427 in 60481.
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More Real Estate Resources for Wilmington, IL
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