The story of this market
The typical home in Wheaton, Illinois sells for about $535,958, or $293 per square foot.
Prices are up +15% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $2,079 a month.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Wheaton, Illinois
Wheaton's housing market is currently highly competitive, characterized by significant year-over-year price appreciation and rapid sales velocity. Strong demand is driven by the city's reputation for excellent schools and its status as a premier suburban destination in DuPage County. While inventory remains tight, the market continues to show robust momentum.
No ARED county foreclosure postings attributed to Wheaton yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 0.0% year over year.
Homes spend a median of 28 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.82% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 5.6% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
The historic downtown area serves as the city's social and commercial anchor, featuring a variety of local shops, restaurants, and community events that drive local property value.
Wheaton is an ideal destination for family buyers seeking high-quality schools and a suburban lifestyle, as well as commuters who value access to regional transit corridors and a stable, established community.
Wheaton is widely recognized for its high-performing public school system, which serves as a primary driver for family-oriented housing demand in the area.
The city is well-connected via regional highway networks and commuter rail services, facilitating efficient access to the broader Chicago metropolitan employment core.
Wheaton offers a robust amenity base featuring extensive park systems, community trails, and a vibrant downtown district that serves as a central gathering point for residents.
The rental market in Wheaton is characterized by steady demand and rising rents, with a mix of multi-family and single-family rental options serving a diverse tenant base.
Wheaton's economy is anchored by a mix of professional services, education, and retail, benefiting from its location within the economically robust DuPage County corridor.
Wheaton maintains steady economic momentum as a key suburban hub in DuPage County, supported by its proximity to major regional employment centers and established infrastructure.
Parcels in Wheaton are subject to various special districts, including school, library, and park districts, which collectively fund local public services and infrastructure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Data retrieved from U.S. Census Bureau QuickFacts and CMAP Community Data Snapshot.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.