Similar to its nearby areas, it is substantially more expensive compared to the entire nation. Even when compared to the city of Chicago, it is significantly more expensive.
Home prices
The median home in Wilmette is valued at $707,800. In comparison to its nearby areas this is is very similar.It is roughly $490,300 (225%) higher in comparison to the entire country, and it is approximately $449,800 (174%) higher in comparison to the city of Chicago.
Rents
Wilmette's median monthly rent is $1,484. Compared to its surrounding areas this is approximately $369 (19%) lower.It is roughly $422 (39%) higher in comparison to the nation as a whole, and it is about $372 (33%) higher compared to the city of Chicago.
Nearby places
Kenilworth
Kenilworth is Wilmette's neighbor to the northeast. Housing prices there are significantly more expensive. Kenilworth's median home cost is $1,121,100, which works out to $413,300 (36%) higher than Wilmette. Rent there is a lot more expensive. Kenilworth's median monthly rent is $2,906, which is $1,422 (48%) higher than Wilmette.
Evanston
Evanston is Wilmette's neighbor to the southeast. Real estate prices there are a lot less expensive. The value of the median home in Evanston is $391,400, which comes out to $316,400 (80%) lower than Wilmette. Rents there are somewhat less expensive. Evanston's median rent is $1,376 a month, which comes out to $108 (7%) lower than Wilmette.
Skokie
Skokie is Wilmette's neighbor to the south. Real estate prices there are a lot less expensive. Skokie's median home value is $318,800, which is $389,000 (122%) lower than Wilmette. Rent there is a little less expensive. In Skokie the median monthly rent is $1,271, which works out to $213 (16%) lower than Wilmette.
Northfield
Northfield is Wilmette's neighbor to the northwest. The housing prices there are a bit less expensive. The median home in Northfield is valued at $638,400, which comes out to $69,400 (10%) lower than Wilmette. Its rents are somewhat more expensive. The median monthly rent in Northfield is $2,083, which is $599 (28%) higher than Wilmette.
Winnetka
Winnetka is approximately 2 miles north of Wilmette. Housing prices there are significantly more expensive. The median home value in Winnetka is $1,091,700, which works out to $383,900 (35%) higher than Wilmette. Rent there is somewhat more expensive. In Winnetka the median monthly rent is $1,628, which comes out to $144 (8%) higher than Wilmette.
