Explore Wheaton, IL - Market Insights, Demographics, Crime, Trends & Hotspots

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Median Price
$433,000

Market Insights

Wheaton's real estate market is currently hot with low inventory and high demand. The median home price in Wheaton currently stands at $433,000. At the current pace, all available homes in Wheaton would sell out in just 0.9 months, indicating a continued supply shortage. Transaction volume is up 31% compared to what's typically expected this time of year. Approximately 38.1% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Wheaton market with the affordability index at 45.1. Based on current market indicators, home prices in Wheaton are projected to decrease by approximately 3.4% over the next month.

Demographics market for - Wheaton, IL

Total Population -

53,325

White Population

83.02%

Black Population

3.89%

Mexican65.21% (4.04% of total population)
Puerto Rican6.51% (0.40% of total population)
Cuban4.15% (0.26% of total population)
Dominican0.85% (0.05% of total population)
Salvadoran3.51% (0.22% of total population)
Costa Rican0.21% (0.01% of total population)
Gautemalan4.84% (0.30% of total population)
Honduran2.54% (0.16% of total population)
Nicaraguan5.03% (0.31% of total population)
Panamanian0.30% (0.02% of total population)
Argentinean0.30% (0.02% of total population)
Bolivian0.61% (0.04% of total population)
Chilean0%
Colombian2.24% (0.14% of total population)
Ecuadorian1.30% (0.08% of total population)
Peruvian0.79% (0.05% of total population)
Uruguyan0%
Venezuelan1.60% (0.10% of total population)

Indian 22.22% (1.38% of total population)
Bangladeshi 0%
Chinese 15.38% (0.95% of total population)
Bhutanese 3.48% (0.22% of total population)
Burmese 16.83% (1.04% of total population)
Filipino 7.63% (0.47% of total population)
Hmong 0%
Indonesian 0%
Japanese 2.36% (0.15% of total population)
Korean 15.05% (0.93% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0.30% (0.02% of total population)
Nepalese 2.91% (0.18% of total population)
Pakistani 9.32% (0.58% of total population)
Srilankan 0%
Taiwanese 0.27% (0.02% of total population)
Pakistani 9.32% (0.58% of total population)
Srilankan 0%
Taiwanese 0.27% (0.02% of total population)
Thai 0.36% (0.02% of total population)
Vietnamese 4.90% (0.30% of total population)

Hawaiian0%
Samoan0%
Chamorro0.70% (0.04% of total population)
Fijian0%
Marshallese0%

Crime for - Wheaton, IL

Assault Offenses100.00%

Homicide Offenses100.00%

Burglary/Breaking & Entering7.69%
Larceny/Theft Offenses69.23%
Destruction/Damage/Vandalism of Property23.08%

Sex Offenses50.00%
Kidnapping/Abduction50.00%

Robbery100.00%

Counterfeiting/Forgery33.33%
Fraud Offenses66.67%

Real Estate Market Prediction for - Wheaton, IL

City Hotspots
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