Will County, IL Home Values & Market Trends
The median home price in Will County, IL is $331,942.81. There were 8,622 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 $292,255.201. The number of current listings in Will County, IL is 266, and the percentage of properties for sale is 266.00%. The county has 1,432 foreclosures, 56 bank owned properties, 178 headed for auction, and 266 properties for sale.
Will County, IL Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Aurora | $ 257,000 $ 185/sqft | Crest Hill | $ 259,487 $ 167/sqft |
| Naperville | $ 583,401 $ 230/sqft | Channahon | $ 299,418 $ 165/sqft |
| Plainfield | $ 353,207 $ 177/sqft | Braidwood | $ 235,080 $ 151/sqft |
| Bolingbrook | $ 349,806 $ 174/sqft | Shorewood | $ 347,515 $ 139/sqft |
| Joliet | $ 262,827 $ 155/sqft | University Park | $ 178,297 $ 106/sqft |
| Romeoville | $ 269,547 $ 183/sqft | Wilmington | $ 223,683 $ 100/sqft |
| Frankfort | $ 412,446 $ 186/sqft | Peotone | $ 399,900 $ 222/sqft |
| New Lenox | $ 460,278 $ 166/sqft | Manhattan | $ 377,500 $ 176/sqft |
| Crete | $ 349,700 $ 149/sqft | Monee | $ 339,369 $ 141/sqft |
| Homer Glen | $ 582,325 $ 206/sqft | Elwood | $ 262,208 $ 158/sqft |
| Lockport | $ 312,224 $ 189/sqft | Beecher | $ -- $ -- |
| Mokena | $ 468,622 $ 194/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. Homer Glen is the priciest city with a median listing home price of $629,900, and University Park is most affordable with average house prices of around $139,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.57% of all residential properties in Will County, IL with Joliet containing 264 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 0.09% 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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Guide for Will County, IL
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