Will County, IL Home Values & Market Trends
The median home price in Will County, IL is $331,951.51. There were 8,619 home sales in Will County, IL over the past 12 months. The median residential Will County, IL home value for transactions over the previous year is $292,360.002. The number of current listings in Will County, IL is 236, and the percentage of properties for sale is 236.00%. The county has 1,383 foreclosures, 53 bank owned properties, 177 headed for auction, and 236 properties for sale.
Will County, IL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Naperville | $ 585,568 $ 232/sqft | Crest Hill | $ 259,487 $ 167/sqft |
| Aurora | $ 258,838 $ 189/sqft | University Park | $ 178,537 $ 107/sqft |
| Bolingbrook | $ 346,732 $ 178/sqft | Braidwood | $ 259,900 $ 144/sqft |
| Joliet | $ 263,213 $ 155/sqft | Channahon | $ 316,107 $ 186/sqft |
| Plainfield | $ 368,645 $ 183/sqft | Wilmington | $ 249,894 $ 99/sqft |
| Romeoville | $ 309,905 $ 172/sqft | Peotone | $ 399,900 $ 222/sqft |
| Frankfort | $ 439,892 $ 183/sqft | Shorewood | $ 334,267 $ 139/sqft |
| Mokena | $ 470,989 $ 176/sqft | Manhattan | $ 377,500 $ 176/sqft |
| Homer Glen | $ 456,229 $ 180/sqft | Monee | $ 339,369 $ 141/sqft |
| New Lenox | $ 462,572 $ 159/sqft | Elwood | $ 262,208 $ 158/sqft |
| Crete | $ 359,700 $ 141/sqft | Beecher | $ -- $ -- |
| Lockport | $ 332,483 $ 192/sqft |
Housing Market Summary for Will County, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $298.7K | $313K | 4.77% |
| Median Sold Price | $312.3K | $313K | 0.21% |
| Homes For Sale | 251 | 221 | -11.95% |
| Homes Sold | 5,208 | 5,427 | 4.21% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Will County, IL
Browse Homes in Will County, IL
Will County, IL home values range from $18,574 to $5,010,600. Naperville is the priciest city with a median listing home price of $623,500, and University Park is most affordable with average house prices of around $154,475.
- Pre-ForeclosurePre-foreclosure homes account for 0.55% of all residential properties in Will County, IL with Joliet containing 249 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 23 cities within Will County, IL; of those cities, the estimated home value for pre-foreclosure homes ranges from $489,663 in Homer Glen to the lowest home value of $56,740 in Joliet.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Will County, IL ranges from the highest value of $301,278 in Naperville to the lowest value of $109,900 in University Park. Bank owned homes and properties account for 0.03% of properties in Will County, IL. There are 23 cities within Will County, IL; Joliet containing 13 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsJoliet has 46 auction properties, the highest number of properties going to auction in a single city in the state of Will County, IL. Auction homes and other auction properties account for 0.08% of all properties in Will County, IL. There are 23 cities within Will County, IL; of those cities, the median estimated home value for homes going to auction ranges from $742,468 in Frankfort to the lowest value of $60,000 in Frankfort.
Compare Nearby Cities
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