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

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Median Price
$325,500

Market Insights

The housing market in Wheeling continues to see strong price appreciation, with values up 27.6% compared to last year. The median home price of $325,500 represents a substantial 27.6% increase from this time last year. At the current pace, all available homes in Wheeling would sell out in just 1.7 months, indicating a continued supply shortage. Homes are taking about 53 days to sell, which is 3 days longer than this time last year. Approximately 37.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Wheeling market with the affordability index at 43.0. Based on current market indicators, home prices in Wheeling are projected to decrease by approximately 10.5% over the next month.

Demographics market for - Wheeling, IL

Total Population -

41,298

White Population

55.12%

Black Population

2.25%

Mexican89.42% (23.09% of total population)
Puerto Rican1.97% (0.51% of total population)
Cuban0.24% (0.06% of total population)
Dominican0.42% (0.11% of total population)
Salvadoran2.37% (0.61% of total population)
Costa Rican0.12% (0.03% of total population)
Gautemalan0.48% (0.12% of total population)
Honduran2.22% (0.57% of total population)
Nicaraguan0%
Panamanian0%
Argentinean0.07% (0.02% of total population)
Bolivian0%
Chilean0%
Colombian0.36% (0.09% of total population)
Ecuadorian0.41% (0.11% of total population)
Peruvian1.76% (0.46% of total population)
Uruguyan0%
Venezuelan0.15% (0.04% of total population)

Indian 34.07% (8.80% of total population)
Bangladeshi 0.25% (0.07% of total population)
Chinese 5.26% (1.36% of total population)
Bhutanese 0%
Burmese 0%
Filipino 8.55% (2.21% of total population)
Hmong 0%
Indonesian 0%
Japanese 0.30% (0.08% of total population)
Korean 13.40% (3.46% of total population)
Laotian 0%
Malaysian 0%
Mongolian 0%
Nepalese 0%
Pakistani 0.96% (0.25% of total population)
Srilankan 0%
Taiwanese 0%
Pakistani 0.96% (0.25% of total population)
Srilankan 0%
Taiwanese 0%
Thai 0.25% (0.07% of total population)
Vietnamese 0.77% (0.20% of total population)

Hawaiian0%
Samoan0%
Chamorro0.31% (0.08% of total population)
Fijian0%
Marshallese0%

Crime for - Wheeling, IL

Fraud Offenses100.00%

Sex Offenses75.00%
Kidnapping/Abduction25.00%

Assault Offenses100.00%

Homicide Offenses100.00%

Burglary/Breaking & Entering7.14%
Destruction/Damage/Vandalism of Property28.57%
Larceny/Theft Offenses64.29%

Real Estate Market Prediction for - Wheeling, IL

City Hotspots
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