What is the median home value in Wheatland Township (Will County), IL?

The median value of owner-occupied homes in Wheatland Township (Will County), IL is $494,300 (±$8,172), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Wheatland Township (Will County), the median home value went from $380,300 in 2015–2019 to $494,300 in 2020–2024 (+30.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$494,300 (±$8,172)
Owner-occupied homes
26,754 (±522)
Most common range
$500,000 to $999,999

Home values in Wheatland Township (Will County)

Owner-occupied homes by value, 2020–2024
ValueWheatland Township (Will County)Will CountyIllinoisUnited States
Less than $50,0001.7% (±0.5 points)3.0%5.4%5.3%
$50,000 to $99,9990.3% (±0.2 points)1.9%8.3%6.1%
$100,000 to $149,9990.5% (±0.3 points)4.1%9.7%6.8%
$150,000 to $199,9991.3% (±0.5 points)8.6%11.8%9.0%
$200,000 to $299,9999.4% (±1.4 points)27.9%22.3%17.8%
$300,000 to $499,99938.1% (±1.9 points)38.7%27.7%26.9%
$500,000 to $999,99946.1% (±1.9 points)14.8%12.1%20.9%
$1,000,000 or more2.6% (±0.7 points)1.1%2.7%7.1%

The most common range is $500,000 to $999,999, 46.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Wheatland Township (Will County) against Will County, its state and the nation

Estimate (90% margin of error)
Wheatland Township (Will County)Will CountyIllinoisUnited States
Median home value$494,300 (±$8,172)$319,600 (±$3,152)$263,300 (±$797)$332,700
Owner-occupied homes26,754 (±522)202,150 (±1,705)3,378,910 (±14,728)84,210,142

In Wheatland Township (Will County), the median home value is higher than in Will County ($319,600).

It is also higher than in Illinois ($263,300).

It is higher than the national figure ($332,700).

In Will County, Wheatland Township (Will County) ranks 2 of 57 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 55 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Wheatland Township (Will County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$380,300 (±$5,719)$494,300 (±$8,172)+30.0%Up after inflation
Median owner cost with a mortgage$2,711 (±$57)$3,047 (±$70)+12.4%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Wheatland Township (Will County)

Nearest places with a published estimate, compared with Wheatland Township (Will County)
PlaceDistanceMedian home valueCompared with this place
Wheatland Township (Will County)—$494,300 (±$8,172)—
Plainfield4.2 mi$431,400 (±$8,217)Lower
Bolingbrook5.0 mi$314,700 (±$7,575)Lower
Naperville5.1 mi$540,200 (±$9,222)Higher
Naperville Township5.8 mi$402,200 (±$9,886)Lower
Du Page Township5.9 mi$295,900 (±$7,052)Lower
Oswego Township6.0 mi$316,700 (±$9,712)Lower
Plainfield Township6.1 mi$321,600 (±$6,281)Lower
Romeoville6.4 mi$257,100 (±$7,983)Lower

Nearby places with a measurably lower figure: Plainfield, IL ($431,400), Bolingbrook, IL ($314,700), Naperville Township, IL ($402,200).

Nearby places with a measurably higher figure: Naperville, IL ($540,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Will County, place by place

RankPlaceMedian home value
1Green Garden Township$506,500 (±$51,879)
2Wheatland Township (Will County)$494,300 (±$8,172)
3Frankfort$481,200 (±$18,699)
4Plainfield$431,400 (±$8,217)
5Homer Glen$418,800 (±$10,843)
6Wilton Township$415,900 (±$74,399)
7Homer Township$409,700 (±$11,204)
8Mokena$401,400 (±$19,252)

Showing 8 of 57 places in Will County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Wheatland Township (Will County)

What is the average home value in Wheatland Township (Will County), IL?

The Census Bureau publishes the median: $494,300 (±$8,172) for owner-occupied homes in Wheatland Township (Will County) (2020–2024 American Community Survey).

Have home values in Wheatland Township (Will County) gone up?

In Wheatland Township (Will County), the median home value went from $380,300 in 2015–2019 to $494,300 in 2020–2024 (+30.0%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Wheatland Township (Will County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Wheatland township, Will County, Illinois (county subdivision:81035, in state:17 county:197).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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