Wheeling, IL Housing Market

$305,781

4.3% 1-yr

The average Wheeling, IL home value is $305,781, up 4.3% over the past year, and homes go to pending in around 15 days. (Updated on 3/31/2026)

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: $305,781

1-Year Value Change: +4.3%

(Data through March 31, 2026)

Wheeling Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 73 (March 31, 2026)

New Listings: 29 (March 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: $308,667 (February 28, 2026)

Median List Price: $290,633 (March 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: 15 (March 31, 2026)

(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$632,767
Golden Acres$506,092
Courtland Park$342,032
Ballard Terrace$363,210
Washington Park$383,192
Ransom Ridge$502,625
Oak Park$454,425
Emerson Place$505,246
The Terrace$426,855

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Wheeling Rental Market Trends

Average Rent: $1,974 (March 31, 2026)

National Average Rent: $1,910 (March 31, 2026)

Month-Over-Month Change: 1.5% (March 31, 2026)

Year-Over-Year Change: 1.8% (March 31, 2026)

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.