Will County, IL Home Values & Market Trends
The median home price in Will County, IL is $326,989.13. There were 8,540 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 $291,306.133. The number of current listings in Will County, IL is 223, and the percentage of properties for sale is 223.00%. The county has 493 foreclosures, 58 bank owned properties, 181 headed for auction, and 223 properties for sale.
Will County, IL Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Aurora | $ 232,133 $ 180/sqft | Monee | $ 362,669 $ 148/sqft |
Naperville | $ 553,103 $ 220/sqft | Crest Hill | $ 274,900 $ 199/sqft |
Joliet | $ 260,021 $ 162/sqft | University Park | $ 219,229 $ 104/sqft |
Plainfield | $ 380,235 $ 172/sqft | Manhattan | $ 349,042 $ 168/sqft |
Bolingbrook | $ 298,547 $ 169/sqft | New Lenox | $ 684,749 $ 203/sqft |
Mokena | $ 433,305 $ 146/sqft | Wilmington | $ 188,750 $ 118/sqft |
Romeoville | $ 239,782 $ 170/sqft | Channahon | $ 357,000 $ 168/sqft |
Frankfort | $ 457,342 $ 160/sqft | Shorewood | $ 373,760 $ 176/sqft |
Crete | $ 250,967 $ 126/sqft | Peotone | $ 399,900 $ 222/sqft |
Braidwood | $ 259,700 $ 139/sqft | Beecher | $ -- $ -- |
Lockport | $ 327,434 $ 173/sqft | Elwood | $ -- $ -- |
Homer Glen | $ 469,900 $ 223/sqft |
Housing Market Summary for Will County, IL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $284.7K | $316.9K | 11.30% |
Median Sold Price | $311.3K | $316.9K | 1.79% |
Homes For Sale | 237 | 226 | -4.64% |
Homes Sold | 5,499 | 5,892 | 7.15% |
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 $18,172 to $4,938,675. New Lenox is the priciest city with a median listing home price of $632,436.5, and University Park is most affordable with average house prices of around $149,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.12% of all residential properties in Will County, IL with Joliet containing 58 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 $486,994 in Homer Glen to the lowest home value of $43,741 in Joliet.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Will County, IL ranges from the highest value of $397,490 in Frankfort 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 12 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsJoliet has 51 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 $695,891 in Frankfort to the lowest value of $79,000 in Frankfort.
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More Real Estate Resources for Will County, IL
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