House Prices

House Prices & Home Values Wheeler, IL 2026


Average Data

average house price$204,317
average size per house1720 ft²
average price per ft²119 $ / ft²

04/22/2026 - The value range (VR) for house prices in Wheeler, IL is $134/ sqft to $134/ sqft. An average home with 1720 sqft costs approximately $230,480 to $230,480. Wheeler, IL includes 1 ZIP codes and it is located in Jasper county. The lowest prices are found in ZIP 62479, while the highest are in ZIP 62479. The average price per sqare feet is $119. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Wheeler

62479121 $ / ft²




Historical development of home values in Wheeler

Year Estimated value (USD) Change vs. 2025
2010 $94,889 -53.6%
2011 $91,219 -55.4%
2012 $90,974 -55.5%
2013 $94,374 -53.8%
2014 $99,067 -51.5%
2015 $104,151 -49.0%
2016 $109,586 -46.4%
2017 $115,501 -43.5%
2018 $121,887 -40.3%
2019 $127,538 -37.6%
2020 $134,132 -34.4%
2021 $152,560 -25.3%
2022 $177,851 -13.0%
2023 $187,552 -8.2%
2024 $198,402 -2.9%
2025 $204,317 0.0%

Graph: estimated home values in Wheeler over time (USD)



Example: 100% financing house in Wheeler

Loan amount: $204,317

Interest rate: 6.00%

Fixed monthly payment: $1,224.98

Breakdown in the 1st month:
Interest portion: $1,021.59  –  Principal portion: $203.40

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,190.77 $2,509.04 $201,807.96
2 $12,036.02 $2,663.79 $199,144.17
3 $11,871.72 $2,828.09 $196,316.09
4 $11,697.29 $3,002.52 $193,313.57
5 $11,512.10 $3,187.70 $190,125.87
6 $11,315.49 $3,384.31 $186,741.56
7 $11,106.75 $3,593.05 $183,148.50
8 $10,885.14 $3,814.66 $179,333.84
9 $10,649.86 $4,049.94 $175,283.90
10 $10,400.07 $4,299.73 $170,984.16
11 $10,134.87 $4,564.93 $166,419.23
12 $9,853.32 $4,846.49 $161,572.74
13 $9,554.39 $5,145.41 $156,427.33
14 $9,237.04 $5,462.77 $150,964.57
15 $8,900.11 $5,799.70 $145,164.87
16 $8,542.39 $6,157.41 $139,007.46
17 $8,162.62 $6,537.19 $132,470.27
18 $7,759.42 $6,940.39 $125,529.88
19 $7,331.35 $7,368.45 $118,161.43
20 $6,876.88 $7,822.92 $110,338.51
21 $6,394.38 $8,305.42 $102,033.08
22 $5,882.12 $8,817.68 $93,215.40
23 $5,338.26 $9,361.54 $83,853.86
24 $4,760.86 $9,938.94 $73,914.92
25 $4,147.85 $10,551.95 $63,362.97
26 $3,497.03 $11,202.77 $52,160.19
27 $2,806.07 $11,893.74 $40,266.46
28 $2,072.49 $12,627.32 $27,639.14
29 $1,293.66 $13,406.14 $14,233.00
30 $466.80 $14,233.00 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Wheeler, IL


1500 sqft3900 sqft
Ø selling price$215,986$459,460
Ø fast selling$196,351$413,514
Ø high price sale$235,621$505,405

In 2026, houses in Wheeler, IL will be offered at an average price of $119 per square foot. A 1,500 sqft home priced at $215,986 is 20.70% more expensive per square foot than a 3,900 sqft home priced at $459,460. Home prices in Wheeler, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $318,087. Sellers who can wait longer may achieve a higher price of up to $388,774.


Discover Wheeler, IL

Overview

Wheeler, IL is a friendly village in Jasper County known for its agricultural roots and small-town charm.
Located along Illinois Route 33 (ZIP code 62479), Wheeler offers easy access to nearby hubs like Newton and Effingham.
Travelers and residents appreciate the quiet streets, open skies, and a pace of life that showcases classic Midwestern living.

History and Community

Founded along historic trade routes, the community grew around family farms, grain operations, and local churches that still anchor life today.
Events at community halls, youth sports, and seasonal festivals create strong neighbor-to-neighbor connections.
Newcomers find a welcoming atmosphere where volunteers support schools, civic groups, and first responders.

Economy and Housing

The local economy centers on agriculture, trucking, and small businesses, while many commuters work in regional manufacturing and healthcare.
The real estate in and around Wheeler features affordable single-family homes, acreages, and farmsteads that appeal to first-time buyers and retirees.

Outdoors and Lifestyle

Outdoor enthusiasts enjoy nearby lakes, hunting grounds, and scenic drives, including day trips to the Embarras River and Sam Parr State Fish and Wildlife Area.
Whether you are planning a move, starting a business, or visiting family, Wheeler, Illinois delivers small-town convenience with genuine rural hospitality.



FAQ – Home Values in Wheeler

What is the median home value in Wheeler in 2026?

In 2026, the typical home value in Wheeler is about $204,317 for an average home size of 1720 square feet. This corresponds to an average price of roughly $119 per square foot.

What is the average cost per square foot in Wheeler?

In 2026, homes in Wheeler sell for an average of around $119 per square foot, with a typical range between $134 and $134 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Wheeler is about 1720 square feet, with an estimated 2026 value around $204,317.



Locations close to Wheeler, IL

Willow Hill, IL46 $ / ft²
Yale, IL57 $ / ft²
Argenta, IL81 $ / ft²
West York, IL44 $ / ft²
West Union, IL100 $ / ft²
West Salem, IL78 $ / ft²
  imprint  Privacy