Hi there, Wheaton friends! It’s The Kombrink Team at One Source Realty, your local real estate experts. Whether you’re buying your first home, moving up, or thinking about selling, understanding our current market can help you make smarter, more confident decisions.

Let’s break down the numbers and talk about what they mean for you.


Wheaton’s Market Snapshot – August 2025

Right now, Wheaton is firmly in a strong seller’s market with just under 1 month of inventory. That’s extremely low, and it signals high demand paired with very limited supply.

July 2025 Months Supply of Housing Inventory in Wheaton IL

Key stats:

  • Months of Inventory: Under 1 month – strong seller’s market.

  • 1-Month Inventory Trend: -29% – even fewer homes than last month.

  • 12-Month Inventory Trend: -15% – consistent shortage compared to last year.

  • Sale-to-List Price Ratio: 102% – homes selling for more than asking.

  • Median Days on Market: 7 – houses are gone in a week.

  • Median Sold Price: $495,000 – current market value benchmark.


What This Means for Sellers

If you’re selling in Wheaton, you’re in an excellent position. The combination of historically low inventory, quick sales, and above-asking offers gives you leverage.

Why it’s your moment:

  1. Multiple Offers Likely – With fewer homes available, buyers are competing.

  2. Strong Pricing Power – Selling at 102% of list price means you could see offers over asking.

  3. Quick Closings – A 7-day median market time means less waiting and a faster move.

Seller Tip:
Even in a hot market, presentation matters. Well-staged, professionally photographed homes still draw more attention, more showings, and stronger offers.


What This Means for Buyers

A market like this requires speed, preparation, and flexibility.

How to compete effectively:

  • Act Fast – When the right home comes up, schedule a showing immediately.

  • Get Pre-Approved – Have financing ready before you start shopping.

  • Make Competitive Offers – With homes selling at 102% of asking, consider offering at or above list price.

Buyer Tip:
Work closely with a local agent who can notify you about listings before they hit the wider market. Early access can make all the difference.


Inventory Trends – Why They Matter

Wheaton’s 29% drop in monthly inventory means there are significantly fewer homes available now compared to just a month ago. The 15% year-over-year drop confirms this isn’t a temporary blip—it’s a long-running shortage.

  • For Sellers: Low inventory is your friend. Listing now means less competition for buyers’ attention.

  • For Buyers: Expect more competition per property and fewer choices. Timing is critical.


Wheaton Home Values – Current Benchmarks

The median sold price of $495,000 sets a realistic reference point for both buyers and sellers:

July 2025 Median Sold Price in Wheaton IL

  • Sellers: Price close to this figure for broad appeal while still maximizing your return.

  • Buyers: Know what your budget will realistically buy in the current market.

The fact that homes are selling above list price shows that demand is pushing values upward.


How to Succeed in Wheaton’s Current Market

For Sellers:

  • Price competitively but don’t undervalue your property.

  • Ensure your home is ready to show from day one.

  • Be prepared for quick decision-making once offers come in.

For Buyers:

  • Have your offer strategy ready before house hunting.

  • Be flexible on closing dates or terms to appeal to sellers.

  • Respond quickly to counteroffers to keep negotiations moving.


Quick Wheaton Real Estate Facts – August 2025

Market MetricCurrent ValueWhat It Means
Months of Inventory Under 1 Very strong seller’s market
Inventory Change -29% MoM, -15% YoY Fewer homes available
Sale-to-List Ratio 102% Above asking price sales
Median Days on Market 7 Extremely fast sales
Median Sold Price $495,000 Current value benchmark

Final Take – A Market Built for Quick Decisions

In August 2025, Wheaton’s real estate market is all about speed and strategy. Sellers can expect strong interest, competitive offers, and fast sales. Buyers will need to be prepared, decisive, and willing to make aggressive offers to secure the right home.

The Kombrink Team at One Source Realty is ready to guide you through every step—whether that’s preparing your home for a top-dollar sale or crafting a winning offer in a competitive bid.

Thinking about making a move? Contact us today for a tailored market analysis or buyer consultation.

Posted by The Kombrink Team on

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