The housing market in Wheaton, IL is thriving. The median value of homes in the area is $381,100, which is higher than the US House Median Value of $338,100. Furthermore, house appreciation in Wheaton, IL has been increasing at a rate of 9.73%, compared to 8.27% elsewhere in the country. This suggests that investing in real estate in Wheaton, IL may be a sound decision for those looking to get into the property game or expand their portfolio.
The median home cost in Wheaton is $381,100. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Wheaton is up 12.6%.
Average Age of Homes
- The median age of Wheaton real estate is 42 years old
The Rental Market in Wheaton
- Renters make up 26.8% of the Wheaton population
- 1.5% of houses and apartments in Wheaton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.