Comprehensive market data and analysis• Updated Dec 2025
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 $326K per acre. For a typical parcel, the median sale price is $333K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $167K while premium lots reached $499K.
The median land price in Wheeling, Illinois stands at $333K. This translates to roughly $326K per acre for the typical parcel size.
Land in Wheeling, Illinois averages $326K per acre. The median price per acre is $326K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.
Over the past 12 months, Wheeling, Illinois saw 2 properties sold, totaling $665K in sales volume.
There are currently 2 active listings in Wheeling, Illinois. The median asking price is $1.5M.
Land in Wheeling, Illinois typically sells within 551 days of listing. The median time on market is 551 days. Properties are moving slowly 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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
