Wilmington home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Wilmington rose by $78,550 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2020, there were four homes sold, with a median sale price of $247,500 - a 46.5% increase over the $168,950 median sale price for the same period of the previous year. There were six homes sold in Wilmington in October 2019.

The median sales tax in Wilmington for the most recent year with available data, 2019, was $3,462, approximately 1.4% of the median home sale price for October 2020.

The following table compares Wilmington to other Will County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Shorewood2640-35%$305,000$254,25020%
New Lenox614341.9%$290,000$280,0003.6%
Minooka34-25%$285,000$203,20040.3%
Channahon198137.5%$250,000$186,75033.9%
Wheatland Plains21100%$249,950$250,000-0%
Wilmington46-33.3%$247,500$168,95046.5%
Frankfort Square1012-16.7%$234,950$210,00011.9%
Bolingbrook7685-10.6%$234,750$232,0001.2%
Monee10666.7%$228,000$173,00031.8%
Lockport614245.2%$224,000$207,5008%
Romeoville41410%$219,999$225,900-2.6%

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