Housing in Wonder Lake, IL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$294,990

Median List Price

$310,400

Price Per Sq Ft

$185

Days on Market

156

Active Inventory

66

Months of Supply

9.4

Buyer's market

Zillow Home Value

$277,208

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 11.0%List Price 4.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

97.3%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
13.6%

Market Activity

Source: Redfin

Homes Sold

7

New Listings

15

Pending Sales

12

Homes Sold 70.8%New Listings 28.6%Pending 42.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$185

Median List $/SF

$206

Sale $/SF 12.1%List $/SF 8.4%Mar 24Jan 26

Wonder Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Wonder Lake 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

$242,300

Median Rent

$1,577

Total Housing Units

1,668

Vacancy Rate

8.1%

Owner Occupied

97.1%

Renter Occupied

2.9%

Median Property Tax

$5,997

per year

Monthly Cost (w/ Mortgage)

$1,584

Housing Types

Single Family
100.0%
Multi-Family
0.0%
Mobile Home
0.0%

The current median sale price in Wonder Lake, IL is $294,990 according to Redfin data. Homes spend a median of 156 days on the market. 0.0% of homes sold above asking price. The market has 9.4 months of supply. The median price per square foot is $185. The median rent is $1,577 per month (Census ACS). About 97.1% of housing units are owner-occupied. The median year homes were built is 1968. There are 1,668 total housing units.