Joliet, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,522 transactions over the past year in Joliet. The median value for residential home transactions that occurred over the previous year is $242,882.79. The number of current listings in Joliet is 31, and the percentage of properties for sale in the city is 31.00%. Joliet, IL currently has 323 properties in foreclosure, 13 bank owned properties, 46 properties headed for auction, and 31 properties for sale.
Joliet, IL Real Estate Market Overview
Housing Market Summary for Joliet, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $225K | $232.9K | 3.49% |
| Median Sold Price | $224.8K | $232.9K | 3.57% |
| Homes For Sale | 41 | 35 | -14.63% |
| Homes Sold | 872 | 898 | 2.98% |
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 Joliet, IL
Browse Homes in Joliet, IL
Joliet home values range from $21,132 to $3,003,226. The median estimated value of a home in Joliet is $242,882.79. The median list price of a home is 244,900, and the total count of properties in the city is 34,708.
- Pre-ForeclosurePre-foreclosure homes account for 0.76% of all residential properties in Joliet, IL with 60435 containing 106 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Joliet, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $489,663 in 60431 to the lowest home value of $56,740 in 60435.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Joliet, IL ranges from the highest value of $275,347 in 60435 to the lowest value of $138,657 in 60433. Bank owned homes and properties account for 0.04% of properties in Joliet, IL. There are 5 zips within Joliet, IL; 60433 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60435 has 15 auction properties, the highest number of properties going to auction in a single zip in the state of Joliet, IL. Auction homes and other auction properties account for 0.13% of all properties in Joliet, IL. There are 5 zips within Joliet, IL; of those zips, the median estimated home value for homes going to auction ranges from $330,655 in 60431 to the lowest value of $60,000 in 60431.
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