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WILMINGTON, IL 60481

Real Estate Market Report  ·  Will County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
38
⇩ 7.3% vs 41 last year
Pending
7
18% pending ratio
Median Price
$267,450
⇧ 15.5% vs $231,475 last year
Average Price
$364,778
⇧ 1.1% vs $360,857 last year
Days on Market
71
⇧ 29.1% vs 55 days last year

Market Context

Population: 11,303  ·  Density: 35.3/mi²  ·  Median household income: $73,223

Typical home value: $205,336  ·  Homeownership: 73.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The WILMINGTON, IL real estate market (60481) currently shows 38 active listings, with 7 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 71 days on market compared to 55 days last year.

The median listing price has risen 15.5% year-over-year, from $231,475 to $267,450.

Whether you are buying or selling in WILMINGTON, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 41 last year
  • Days on market: 71 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $267,450 (+15.5% YoY)
  • Average: $364,778 (+1.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.5 miles — 466 listings ($181,262,635 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60481Wilmington, IL 604810.0 mi38$13,861,564$267,450$364,778
60416Coal City, IL 604167.9 mi21$7,460,691$359,000$355,271
60935Essex, IL 609358.3 mi3$1,248,900$339,000$416,300
60410Channahon, IL 6041010.3 mi63$28,731,591$439,450$456,057
60442Manhattan, IL 6044211.3 mi32$14,065,728$437,250$439,554
60424Gardner, IL 6042413.4 mi5$2,116,125$396,950$423,225
60444Mazon, IL 6044414.6 mi2$532,500$233,750$266,250
60914Bourbonnais, IL 6091415.6 mi64$25,607,104$345,000$400,111
60450Morris, IL 6045016.8 mi42$16,831,710$331,000$400,755
60917Buckingham, IL 6091717.0 mi3$1,223,100$407,700$407,700
60901Kankakee, IL 6090117.1 mi105$22,948,905$174,950$218,561
60941Herscher, IL 6094117.4 mi5$997,250$202,450$199,450
60451New Lenox, IL 6045117.5 mi83$45,637,467$514,500$549,849

Frequently Asked Questions

How many homes are for sale in WILMINGTON, IL 60481?

As of January 2026, there are 38 active listings in WILMINGTON, IL (zip code 60481), compared to 41 the prior year.

What is the median home price in WILMINGTON, IL 60481?

The median listing price in WILMINGTON, IL 60481 is $267,450 as of January 2026, a 15.5% increase from $231,475 the prior year.

How long do homes stay on the market in WILMINGTON, IL?

Homes in WILMINGTON, IL 60481 spend an average of 71 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in WILMINGTON, IL 60481?

Based on current inventory and days-on-market data as of January 2026, WILMINGTON, IL 60481 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 71 days on market compared to 55 days last year.

How much can I save on real estate commission in WILMINGTON, IL?

With SELL123.com's maximum 3% commission, sellers in WILMINGTON, IL 60481 save an estimated $5,349 compared to a typical 5% commission on the median listing price of $267,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.