Housing · Wheeling
Wheeling, IL housing market
The typical Wheeling home is worth about $319,000, up 4.5% in a year, 7% above the Illinois typical home.
Home values, sales, trends and how Wheeling compares with the towns next door — updated as new data is published.
The market right now
Wheeling at a glance
Typical home value
$319K
▲ 4.5% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
WheelingIllinois
Show as a table
| January | Wheeling | Illinois |
|---|---|---|
| 2017 | $189,000 | $181,000 |
| 2018 | $200,000 | $190,000 |
| 2019 | $208,000 | $195,000 |
| 2020 | $208,000 | $200,000 |
| 2021 | $216,000 | $215,000 |
| 2022 | $236,000 | $236,000 |
| 2023 | $249,000 | $248,000 |
| 2024 | $278,000 | $263,000 |
| 2025 | $299,000 | $278,000 |
| 2026 | $312,000 | $290,000 |
| August 2026 | $319,000 | $298,000 |
Next door
Wheeling and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Wheeling | $319K | +4.5% | — | $106,026 |
| Northfield | $896K | +11.5% | — | $136,617 |
| Palatine | $393K | +6.4% | — | $104,916 |
| Arlington Heights | $496K | +8.9% | 36 | $116,723 |
| Wheeling | — | — | 40 | $85,205 |
| Palatine | — | — | 38 | $97,819 |
| Rolling Meadows | $340K | +7.3% | 41 | $98,514 |
Affordability
3 years of income
The typical Wheeling home costs about 3 years of the town's median household income, less than across Illinois (3.6 years).
How Wheeling ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
76.2%
Illinois: 67.1%
Median tax bill
$8,190
Illinois: $5,298
Median rent
$1,670
Illinois: $1,274
Typical home built
1974
Illinois: 1971
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.