Housing in Wilmette, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,250,000

Median List Price

$995,000

Price Per Sq Ft

$507

Days on Market

28

Active Inventory

42

Months of Supply

2.8

Seller's market

Zillow Home Value

$907,509

ZHVI — January 2026

Zillow Rent Index

$4,213

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 57.7%List Price 14.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

53.3%

Off Market in 2 Weeks

56.5%

Sale-to-List Ratio

104.7%

Seller's market

Sold Above Asking
53.3%
Under Contract in 2 Wks
56.5%
Listings with Price Drops
7.1%

Market Activity

Source: Redfin

Homes Sold

15

New Listings

25

Pending Sales

23

Homes Sold 31.8%New Listings 39.0%Pending 47.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$507

Median List $/SF

$442

Sale $/SF 28.4%List $/SF 8.6%Mar 24Jan 26

Wilmette vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Wilmette is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$802,200

Median Rent

$1,968

Total Housing Units

10,730

Vacancy Rate

4.2%

Owner Occupied

88.4%

Renter Occupied

11.6%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,227

Housing Types

Single Family
82.5%
Multi-Family
17.1%
Mobile Home
0.5%

The current median sale price in Wilmette, IL is $1,250,000 according to Redfin data. Homes spend a median of 28 days on the market. 53.3% of homes sold above asking price. The market has 2.8 months of supply. The median price per square foot is $507. Zillow's observed rent index is $4,213/month. About 88.4% of housing units are owner-occupied. The median year homes were built is 1956. There are 10,730 total housing units.