Is Wellington, IL 60973 a buyer’s or seller’s market?
Wellington is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Wellington housing market right now
In the three months ending August 31, 2026, 0% of homes in Wellington, IL 60973 sold above their list price, the typical home went under contract in 39 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.
Within Iroquois County, homes here sell faster than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Buckley 60918 (50% sold over asking) and Milford 60953 (50% sold over asking) are even more competitive.
Run the numbers for 60973
Nearby markets
Ashkum 60911Seller’s market $91 /sq ftBeaverville 60912 — /sq ftBuckley 60918Buyer’s market $78 /sq ftCissna Park 60924Balanced $94 /sq ft Browse all markets →Where Wellington is
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Questions about Wellington real estate
Is Wellington a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Wellington, IL 60973 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wellington?
The typical home went under contract in 39 days in the latest three months.
Do homes in Wellington sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Wellington?
About 1.82% of a home’s value a year in Iroquois County, or roughly $7,280 on a $400,000 home.
What is the median home price in Wellington?
The median sale price was $74,368 in the three months ending August 31, 2026, about $47 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology