Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 2 |
Acreage buckets
The median price for land in Wheeling, Illinois is currently $917K per acre. For a typical parcel, the median sale price is $275K. Recently, the cheapest land sold for $275K while premium lots reached $275K.
The median land price in Wheeling, Illinois stands at $275K. This translates to roughly $917K per acre for the typical parcel size.
Land in Wheeling, Illinois averages $917K per acre. The median price per acre is $917K, which may be more representative of typical transactions. Most parcels sold are around 13,068 sq ft.
Over the past 12 months, Wheeling, Illinois saw 1 properties sold, totaling $275K in sales volume.
There are currently 3 active listings in Wheeling, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $750K.
Land in Wheeling, Illinois typically sells within 75 days of listing. The median time on market is 75 days. Properties are moving at a moderate pace in the current strong buyer's market.
The top-performing broker in this market is Coldwell Banker Realty.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Wheeling on LandyDandy.
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