Posted by The Kombrink Team on Tuesday, August 12th, 2025 3:04pm.
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.
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.
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.
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:
Multiple Offers Likely – With fewer homes available, buyers are competing.
Strong Pricing Power – Selling at 102% of list price means you could see offers over asking.
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.
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.
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.
The median sold price of $495,000 sets a realistic reference point for both buyers and sellers:
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.
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.
Market Metric | Current Value | What 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 |
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.