Wheaton's October First-Time Homebuyer Report

Wheaton has an older population than other areas in Illinois with a median age of 38 years. It is also very affluent with a median income of $82,954 per household. The Wheaton market is primarily made up of detached houses, which currently account for 80% of the homes for sale in the area. The best schools in the city are Emerson Elementary School, Edison Middle School, and Wheaton Warrenville South High School.

Culture

According to Foursquare, Arrowhead Golf Club and Seven Gables Park are the most popular outdoor attractions in Wheaton. For arts and entertainment, you'll find Studio Movie Grill and Billy Graham Center. And finally, Gino's East, Egg Harbor Cafe, and Wok 'n Fire are frequently visited spots to eat.

Price Range

Homes in Wheaton are generally more expensive than others in the state with a median home value of $275,800 and an average list price of $412,133.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Wheaton:

$1.3M   $304K   $854K  

Typical Dwelling

A four-bedroom detached home valued around $497,056 is considered a typical dwelling in Wheaton. If a buyer was looking for a similar home, they would need good credit and a $99,411 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,680 and the property tax rate is $18.51 per $1,000 of taxable assessed value.

Get started right now by checking out Wheaton homes for sale or reviewing Wheaton real estate trends.


Data reported through 10/13/2016

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