Home prices
Wheeling's median home value is $198,700. It is approximately $246,140 (55%) lower compared to other places in this area.In comparison to the nation as a whole it is roughly $18,800 (8%) lower, and it is approximately $59,300 (22%) lower compared to the city of Chicago.
Rents
In Wheeling the median monthly rent is $1,265. Compared to nearby areas it is roughly $476 (27%) lower.Compared to the US as a whole it is about $203 (19%) higher, and compared to the city of Chicago it is about $153 (13%) higher.
Nearby places
Prospect Heights
Prospect Heights is Wheeling's neighbor to the south. Housing prices there are a bit more expensive. The median home in Prospect Heights is valued at $284,300, which comes out to $85,600 (30%) higher than Wheeling. Rents there are somewhat less expensive. In Prospect Heights the median rent is $1,099 a month, which works out to $166 (15%) lower than Wheeling.
Buffalo Grove
Buffalo Grove is Wheeling's neighbor to the northwest. Real estate prices there are substantially more expensive. The cost of the median home in Buffalo Grove is $332,300, which comes out to $133,600 (40%) higher than Wheeling. Its rents are a little more expensive. In Buffalo Grove the median monthly rent is $1,643, which is $378 (23%) higher than Wheeling.
Arlington Heights
Arlington Heights is Wheeling's neighbor to the southwest. Housing prices there are a lot more expensive. The median home in Arlington Heights costs $358,300, which works out to $159,600 (44%) higher than Wheeling. Rents there are a bit more expensive. The median rent in Arlington Heights is $1,368 a month, which works out to $103 (7%) higher than Wheeling.
Northbrook
Northbrook is Wheeling's neighbor to the east. Real estate prices there are substantially more expensive. Northbrook's median home value is $534,800, which is $336,100 (62%) higher than Wheeling. Rents there are substantially more expensive. The median rent in Northbrook is $2,056 per month, which is $791 (38%) higher than Wheeling.
Riverwoods
Riverwoods is roughly 3 miles northeast of Wheeling. Real estate prices there are substantially more expensive. The median home value in Riverwoods is $714,500, which comes out to $515,800 (72%) higher than Wheeling. Rent there is substantially more expensive. The median rent in Riverwoods is $2,539 per month, which works out to $1,274 (50%) higher than Wheeling.
