Wilmette, IL 60091 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Wilmette, IL—60091

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$993,000

11.2% YoY Growth

Household Income

$190,000

23.0% YoY Growth

Days on Market

5.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

$4,500

2.9% YoY Growth

1-Bed Rent

$1,720

17.0% YoY Growth

2-Bed Rent

$3,100

6.7% YoY Growth

3-Bed Rent

$4,150

7.6% YoY Growth

Home Price Trends — Wilmette, IL

As of May '26, the median home price in Wilmette, IL is $993,000, with a year-over-year change of 11.2%. This indicates that home prices in Wilmette, IL are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$993,000	11.2%
Single Family	$1,091,000	11.0%
Condos	$521,000	15.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Wilmette, IL

As of July '25, Rentcast reports the average rent in Wilmette, IL is $4,300, with a year-over-year rent change of 2.9%. Per bedroom, the median rent as of July '25 in Wilmette, IL is studios: $2,940, 1-bedrooms: $2,680, 2-bedrooms: $3,210, 3-bedrooms: $4,270, 4-bedrooms: $5,610. The most common rental property sizes in Wilmette, IL are 1-bedroom and 3-bedroom, accounting for 28.1% and 26.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$4,500	$4,300
Studio Rent	$2,940	$2,940
1 Bed Rent	$1,720	$2,680
2 Bed Rent	$3,100	$3,210
3 Bed Rent	$4,150	$4,270
4 Bed Rent	$5,000	$5,610

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% of Rental Stock

Studio

10.9%

1 Bedroom

28.1%

2 Bedrooms

21.1%

3 Bedrooms

26.9%

4 Bedrooms

7.9%

5+ Bedrooms

5.0%

Property Listings — Wilmette, IL

As of May '26, Realtor.com reports that the median days on market for a home in Wilmette, IL is 31. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,000,000	17.0%
Listing Count	72	-11.0%
Listings as % of Homes	0.5%	-11.0%
Days on Market	31	5.0%

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Demographics — Wilmette, IL

As of the latest ACS Survey released in 2023, Wilmette, IL has a population of 27,400, which has remained stable by 0.0% over the past 5 years. Wilmette, IL is a popular place for families, as children make up 30.0% of the population. The area has a highly educated workforce, with 84.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,400	0.0%
% Under 18	30.0%	5.3%
% Seniors	21.0%	11.1%
% WFH	32.0%	185.7%
% w/ College Degree	84.5%	3.7%

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As of the latest ACS Survey released in 2023, Wilmette, IL is a predominantly white area, with 78.3% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Wilmette, IL is asian, making up 11.9% of the population. Foreign-born residents account for 15.6% of the population in Wilmette, IL, and this percentage has decreased by 7.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	78.3%	-2.5%
% Black	0.6%	-14.3%
% Hispanic	5.0%	72.4%
% Asian	11.9%	-12.5%
% Foreign Born	15.6%	-7.1%

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Mortgage and Risk — Wilmette, IL

According to HUD data as of 2023, there were 455 mortgage originations in Wilmette, IL, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Wilmette, IL. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	455
% Conventional Loans	98.0%
% Government Loans	2.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Wilmette, IL

As of 2024, the percent of homes in Wilmette, IL under the Section 8 program is 9.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Wilmette, IL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	113
Total Units Section 8	113
% Rentals under Section 8	9.0%
% Occupied Section 8	96.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$520	$1,720	$2,240
2 Bedroom	-$570	$3,100	$2,530
3 Bedroom	-$900	$4,150	$3,250
4 Bedroom	-$1,180	$5,000	$3,820

Wilmette, IL—60091

Key Metrics at a Glance

Home Price Trends — Wilmette, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wilmette, IL

% of Rental Stock

Property Listings — Wilmette, IL

Demographics — Wilmette, IL

Race and Ethnicity

Mortgage and Risk — Wilmette, IL

Mortgages

Rentals and Section 8 — Wilmette, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Wilmette, IL

Home Price to Income Ratio

Wilmette, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Kenilworth, IL

Evanston, IL

Evanston, IL

Winnetka, IL

Skokie, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$993,000
Median Household Income	$190,000

Wilmette, IL—60091

Key Metrics at a Glance

Home Price Trends — Wilmette, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Wilmette, IL

% of Rental Stock

Property Listings — Wilmette, IL

Demographics — Wilmette, IL

Race and Ethnicity

Mortgage and Risk — Wilmette, IL

Mortgages

Rentals and Section 8 — Wilmette, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Wilmette, IL

Home Price to Income Ratio

Wilmette, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Kenilworth, IL

Evanston, IL

Evanston, IL

Winnetka, IL

Skokie, IL

Frequently Asked Questions

What is the average home price in Wilmette, IL 60091?

How have home prices in Wilmette, IL 60091 changed over the past year?

What is the home price projection for Wilmette, IL 60091?

What are the demographics of Wilmette, IL 60091?

How long does it take homes to sell in Wilmette, IL 60091?

What is the average rent price in Wilmette, IL 60091?