Market Overview
Home Prices in Wellington, IL
The median home value in Wellington, IL is $106,055 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 15% compared to a year ago and down 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wellington are priced74% below average.
Price History
Wellington Home Price Trend
2022
$132,338
$132K
—
2023
$137,869
$138K
+4.2%
2024
$129,628
$130K
-6.0%
2025
$124,701
$125K
-3.8%
2026
$106,055
$106K
-15.0%
City Comparison
Wellington vs. National Median
🏠 Wellington
$106,055
National Median
$410,000
At $106,055, homes in Wellington cost 74% below the national median of $410,000. This makes Wellington a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wellington?
20% Down Payment
$21,211
on $106,055
Monthly P&I
$553/mo
30-yr @ 6.8%
Total Monthly Est.
~$702/mo
incl. taxes & insurance
Income Needed
$28,080
gross annual (30% rule)
10% Down Option
$10,606
+ PMI applies
Loan Amount (20% dn)
$84,844
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wellington, IL?
The median home value in Wellington is $106,055 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 15% year-over-year.
How much have home prices changed in Wellington?
Over the past year, home values in Wellington have decreased by 15%.
How much do I need to earn to buy a home in Wellington?
To comfortably afford the median home price of $106,055 with a 20% down payment ($21,211) at today's rates (6.8%), you'd need a gross annual income of approximately $28,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Wellington compare to the national average home price?
The national median home value is approximately $410,000. At $106,055, homes in Wellington are 74% below the national average.