Joliet Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $129,900
    4% ( $5,000 ) vs Sep 2013
  • Median Sales Price
    $113,056
    2% ( $1,945 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $89,000
    12% ( $9,730 ) vs Sep 2013
  • Foreclosures 1,552
    Homes for Sale 280
    Recently Sold 1,686

Market Summary

There are currently 1,552 properties in Joliet, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 280.

In October, the number of properties that received a foreclosure filing in Joliet, IL was 10% lower than the previous month and 42% lower than the same time last year.

Home sales for September 2014 were up 35% compared with the previous month, and up 28% compared with a year ago. The median sales price of a non-distressed home was $113,056. The median sales price of a foreclosure home was $89,000, or 21% lower than non-distressed home sales.

Sales Prices - Joliet, IL




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$89,000 (Median Foreclosure Sales Price) $79,271 (Median Foreclosure Sales Price) $89,500 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $79,751 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $113,056 (Median Sales Price) $115,000 (Median Sales Price) $107,050 (Median Sales Price) $94,001 (Median Sales Price) $95,000 (Median Sales Price) $99,000 (Median Sales Price) $89,000 (Median Foreclosure Sales Price) $79,271 (Median Foreclosure Sales Price) $89,500 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $79,751 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $113,056 (Median Sales Price) $115,000 (Median Sales Price) $107,050 (Median Sales Price) $94,001 (Median Sales Price) $95,000 (Median Sales Price) $99,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Aurora
265
34.6
% (y-o-y)
$151,500
8.2
% (y-o-y)
35.3%
41.2
% (y-o-y)
Naperville
211
26.5
% (y-o-y)
$355,375
1.6
% (y-o-y)
36.0%
32.2
% (y-o-y)
PLAINFIELD
175
21.2
% (y-o-y)
$204,000
7.1
% (y-o-y)
18.7%
8.7
% (y-o-y)
Orland Park
130
9.2
% (y-o-y)
$215,000
5.6
% (y-o-y)
21.9%
35.2
% (y-o-y)
Tinley Park
118
7.1
% (y-o-y)
$190,750
0.4
% (y-o-y)
35.0%
26.3
% (y-o-y)
Frankfort
113
44.9
% (y-o-y)
$280,000
1.8
% (y-o-y)
12.5%
10.8
% (y-o-y)
Bolingbrook
111
41.6
% (y-o-y)
$167,000
5.0
% (y-o-y)
19.9%
17.5
% (y-o-y)
Lockport
76
45.3
% (y-o-y)
$220,000
7.2
% (y-o-y)
30.5%
24.9
% (y-o-y)
Romeoville
76
11.6
% (y-o-y)
$158,400
11.3
% (y-o-y)
26.8%
8.0
% (y-o-y)
Oswego
56
26.3
% (y-o-y)
$209,000
0.5
% (y-o-y)
26.8%
35.7
% (y-o-y)

Local Info For Joliet

Population:
145,002
Cost of Living Index: 101.90
Crime Index: 105.89     Rating: B- View crime details
Schools: 26    Average School Rating: C+ View individual school rating
Household Median Income: $60,714
Unemployment: 7.10%
Percentage of vacant homes: 7.30%