wilmette homes

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Facts and figures for the real estate market in Wilmette, IL

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Homes in WilmetteFacts, figures, and helpful hints for homebuyers in Wilmette, Illinois

Wilmette Real Estate Market History

• Home Inventory saw a drop in late 2010▫Stock began rising in

February, mostly recovered by now

• Home prices in Wilmette have remained largely stable over the last year▫List price well above

Illinois median

Wilmette home inventory (top) and median list price (lower) over the past 12 months.

Wilmette Household stats•Most Wilmette

households are married couples▫Majority of these couples

have children•Large majority of

households earn over $75,000 annually

•About one half of households are comprised of 2 or 3 people

data courtesy US Census Bureau

Housing Characteristics in Wilmette

•Roughly 40% of homes have less than 7 rooms

•Large majority contain 3 or more bedrooms•Very few homes built since 1990

Owning vs Renting

•Nearly 90% of properties are occupied by their owner

•Very few monthly rents fall below $600

•Significant proportion of monthly rents exceed $1,000

Wilmette Real Estate Agents

• Choosing either seasoned or inexperienced agents seriously impacts the

quality of your homebuying experience

• Movoto agents are hand-selected for experience, performance, and client

feedback

• Avoid the headaches many homebuyers suffer

▫ Make certain your agent is competent before deciding to partner with one!

price reductions in Wilmette may be falling, but finding a great agent is the first step to finding an equally great deal

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