Wheeling, IL Housing Market

$306,803

4.2% 1-yr

The average Wheeling, IL home value is $306,803, up 4.2% over the past year and goes to pending in around 9 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Wheeling Key Takeaways

Typical Home Values: $306,803

1-year Value Change: +4.2%

(Data through June 30, 2025)

Wheeling Housing Market Overview

--1-year Market Forecast

76For sale inventory(June 30, 2025)

42New listings(June 30, 2025)

--Median sale to list ratio

$295,667Median sale price(May 31, 2025)

$325,167Median list price(June 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

9Median days to pending(June 30, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Wheeling

NameMedian ZHVI
Scarsdale$612,974
Golden Acres$512,248
Courtland Park$326,858
Ballard Terrace$360,708
Washington Park$374,881
Ransom Ridge$499,981
Oak Park$441,247
Emerson Place$488,140
The Terrace$428,725

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Wheeling Rental Market Trends

$2,133Average rent in Wheeling(June 30, 2025)

$2,069National average rent(June 30, 2025)

0.5%Month-over-month change(June 30, 2025)

6.9%Year-over-year change(June 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.