Wapella, Illinois, is a small village in DeWitt County with a population of around 500, known for its quiet, rural charm and tight-knit community. Located along U.S. Route 51, it’s surrounded by expansive farmlands, reflecting its agricultural roots. The village was founded in 1854 and named after a Native American term, though its exact meaning is debated. Wapella offers a peaceful lifestyle with local amenities like a community center and parks, and it hosts events that foster neighborly bonds, such as annual festivals. Its proximity to larger cities like Bloomington provides residents access to urban conveniences while maintaining a small-town feel.
Wapella currently has 1 single family home for sale with a list price of $224,900 and 2 lots for sale with an average list price of $750,000. The average annual property tax for Wapella is $2,513.07.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Wapella, i.e. what's hot and what's not.
See What's Hot & What's Not in WapellaWapella home sales for the month of August stayed the same in volume when compared to last year, while the median sale price stayed the same.
15
|
3
|
6
|
10
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$151,250
|
$85,000
|
$212,000
|
$138,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |