The city of Wilmington, IL has a median housing value of $215,000 and has seen an impressive appreciation rate of 9.35% over the last year. This is significantly higher than the national average of 8.27%, indicating that Wilmington housing is in high demand. With its close proximity to Chicago and other major cities, as well as its range of outdoor activities, Wilmington is an attractive destination for those looking to purchase property. Whether you're looking to invest or settle down, this charming Illinois city offers a great balance between urban convenience and rural charm.
The median home cost in Wilmington is $215,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Wilmington is up 13.7%.
Average Age of Homes
- The median age of Wilmington real estate is 49 years old
The Rental Market in Wilmington
- Renters make up 30.7% of the Wilmington population
- 1.3% of houses and apartments in Wilmington, 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.