Wilmette, IL is a vibrant suburb of Chicago known for its picturesque parks and beautiful beachfront. The housing market in Wilmette is strong, with the median value of a home being $743,500, significantly higher than the US median of $338,100. Over the past year, house appreciation in Wilmette has been 8.83%, which is slightly higher than the national rate of 8.27%. This indicates that Wilmette is an attractive place to invest in real estate and those looking to purchase or sell a home will likely experience positive returns on their investment.
The median home cost in Wilmette is $743,500. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Wilmette is up 14.5%.
Average Age of Homes
- The median age of Wilmette real estate is 63 years old
The Rental Market in Wilmette
- Renters make up 14.0% of the Wilmette population
- 0.5% of houses and apartments in Wilmette, 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.