Wilmington, IL, Real Estate
			
		 
		
		
								Wilmington, Illinois, is a charming small town in Will County, about 60 miles southwest of Chicago. Known as "The Island City" due to its location on a strip of land between the Kankakee River and a large mill race, it offers a blend of historic charm and natural beauty. With a population of around 5,600, Wilmington features a quaint downtown with antique shops, local eateries, and the iconic Gemini Giant, a restored Route 66 Muffler Man statue. The town is a gateway to outdoor recreation, with nearby Midewin National Tallgrass Prairie and Kankakee River State Park providing opportunities for hiking, fishing, and kayaking. Its tight-knit community and rich history make Wilmington a hidden gem in Illinois.
							
			Wilmington currently has 34 single family homes for sale with an average list price of $303,519.79 and 30 lots for sale with an average list price of $129,690.67. The average annual property tax for Wilmington is $3,399.48.		
		
				
		
		
						
					
			
					
						Schools
					
						
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						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 Wilmington, i.e. what's hot and what's not.
					
					
					
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						Recent Sales
					
						
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				Subdivisions
				
						
		
			
				|  | Subdivisions | Median Price | 
		
		
								
						|   | Alma Acres is a single-family home community in Wilmington, Illinois, built in 1968. It currently has no homes for sale. The homes have an average size of			2,100 ft2. The average annual property tax for Alma Acres is $3,649. It is located in Will County. Alma Acres is located in Wilmington, Illinois east of Water Street and south of Kahler Road.
			... Read more |  | 
									
						|   | Brookside is a single-family home community in Wilmington, Illinois. It currently has no homes for sale. The homes range in size from 768 ft2 to 1,884			ft2. The average annual property tax for Brookside is $2,888.24. It is located in Will County. Brookside is a single family and duplex neighborhood.  Brookside s located in Wilmington, Illinois south of Baltimore Street and east of Water Street.
			... Read more | Median Price: $285,000 | 
									
						|   | Deer Ridge is a single-family home community in Wilmington, Illinois, built between 1992 and 2018. It currently has no homes for sale. The homes range in size			from 2,000 ft2 to 3,200 ft2. The HOA fees range from $150 to $300 per month. The average annual property tax for Deer Ridge is $6,756.81. It is located in Will County. Deer Ridge is a single family home community located in Wilmington, Illinois south of Coal City Road and east of Washington Street.
			... Read more | Median Price: $458,750 | 
									
						|   | Fallen Ridge is a subdivision in Wilmington, Illinois. It currently has no homes for sale. It is located in Will County. |  | 
									
						|   | Foxtail Commons is a townhouse and condo community in Wilmington, Illinois, built between 2003 and 2008. It currently has no homes for sale. The homes range in			size from 1,000 ft2 to 1,662 ft2. The average annual property tax for Foxtail Commons is $3,961.88. It is located in Will County. Foxtail Commons is a townhouse community built in the mid 2010s.  Foxtail Commons is located in Wilmington, Illinois north of Kankakee River Drive and west of Kankakee Street.
			... Read more | Median Price: $215,000 | 
						
		
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				Subdivisions
			
				
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				Market Trends
				
						Wilmington home sales for the month of October decreased in volume by 8.3% when compared to last year, while the median sale price rose by 70.7% from $175,750 to $300,000. House sales stayed the same, while the median sale price rose by 57.9% from $190,000 to $300,000.
			
			
				
				
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									207								 | 
									164								 | 
									124								 | 
									116								 | 
				
												| 2021 | 2022 | 2023 | 2024 | 
				
				
			 
			
			
				
				
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									$180,000								 | 
									$173,875								 | 
									$181,250								 | 
									$200,000								 | 
				
												| 2021 | 2022 | 2023 | 2024 | 
				
				
			 
		 
	
Median Sale Price for Wilmington
Number of Sales for Wilmington
			 
			
				Market Trends
			
				
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						Nearby Parks
						
								
								
						
						
							
																1198 N. Joliet St.
																	
																						Baseball Diamonds
																							Field
																							In-Line Skating
																							Parking
																							Playground
																							Softball Fields
																				
														 
					 
									
						
						
							
																101 N. Water Street
																	
																						Playground
																							Shelter
																				
														 
					 
									
						
						
							
																24621 N. River Road
																	
																						Boating
																							Camping
																							Canoeing
																							Fishing
																							Hiking Paths
																							Horseback Riding
																							Kayaking
																							Picnic Area
																				
														 
					 
									
						
						
							
																
																						Baseball Diamonds
																							Fishing
																							Hiking Paths
																							Picnic Area
																							Softball Fields
																				
														 
					 
									
						
						
							
																220 Elizabeth St.
																	
																						Baseball Diamonds
																							Field
																							Shelter
																							Softball Fields
																				
														 
					 
									
						
						
							
																Vine St. & Williams St.
																	
																						Field
																				
														 
					 
						 
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						Nearby Parks
					
						
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						Nearby Golf Courses
						
								
								
						
						
							
																
										24801 Lakepoint Dr, Wilmington, IL 60481
										Par 42 • 42 holes • 6968 yards									
														 
					 
						 
						 
		
					
						Nearby Golf Courses
					
						
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				Real Estate News
				
						
								
						|   | Wilmington had 3 new homes for sale during the week of Friday, October 24 to Thursday, October 30, including including 3 single family homes for sale with an average list																		...
										continue reading | 
									
						|   | Wilmington had 4 sales during the week of Tuesday, October 21 to Monday, October 27, including including 4 single family homes for sale with an average list price of $320,975.
			
			
			
			
				
												$350,000
											810																		...
										continue reading | 
									
						|   | Wilmington had 4 new homes for sale with a master bedroom on the first floor  during the month of Saturday, October 18 to Friday, October 24, including 4 single																		...
										continue reading | 
									
						|   | Wilmington had 5 new homes for sale during the week of Friday, October 17 to Thursday, October 23, including including 4 single family homes for sale with an average list																		...
										continue reading | 
									
						|   | Wilmington had only 1 sale during the week of Tuesday, October 14 to Monday, October 20, including and it was a single family home for sale with a list price																		...
										continue reading | 
						
		
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