Joliet Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $135,750
    5% ( $6,751 ) vs Mar 2014
  • Median Sales Price
    $110,000
    4% ( $4,500 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $70,000
    22% ( $20,000 ) vs Mar 2014
  • Foreclosures 1,302
    Homes for Sale 542
    Recently Sold 749

Market Summary

There are currently 1,302 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 542.

In April, the number of properties that received a foreclosure filing in Joliet, IL was 15% higher than the previous month and 15% higher than the same time last year.

Home sales for March 2015 were down 91% compared with the previous month, and down 97% compared with a year ago. The median sales price of a non-distressed home was $110,000. The median sales price of a foreclosure home was $70,000, or 36% lower than non-distressed home sales.

Sales Prices - Joliet, IL




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$70,000 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $90,550 (Median Foreclosure Sales Price) $87,550 (Median Foreclosure Sales Price) $110,000 (Median Sales Price) $114,500 (Median Sales Price) $110,000 (Median Sales Price) $112,450 (Median Sales Price) $108,250 (Median Sales Price) $110,000 (Median Sales Price) $70,000 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure Sales Price) $90,000 (Median Foreclosure Sales Price) $95,000 (Median Foreclosure Sales Price) $90,550 (Median Foreclosure Sales Price) $87,550 (Median Foreclosure Sales Price) $110,000 (Median Sales Price) $114,500 (Median Sales Price) $110,000 (Median Sales Price) $112,450 (Median Sales Price) $108,250 (Median Sales Price) $110,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Aurora
107
52.2
% (y-o-y)
$140,000
16.7
% (y-o-y)
19.3%
26.7
% (y-o-y)
PLAINFIELD
54
59.7
% (y-o-y)
$178,750
1.1
% (y-o-y)
6.9%
13.7
% (y-o-y)
Bolingbrook
51
44.6
% (y-o-y)
$165,000
9.7
% (y-o-y)
15.2%
32.8
% (y-o-y)
Naperville
37
81.3
% (y-o-y)
$310,500
3.0
% (y-o-y)
25.9%
22.0
% (y-o-y)
Romeoville
36
26.5
% (y-o-y)
$134,000
2.2
% (y-o-y)
6.0%
12.4
% (y-o-y)
Tinley Park
31
45.6
% (y-o-y)
$164,000
1.4
% (y-o-y)
10.4%
26.9
% (y-o-y)
Orland Park
30
55.9
% (y-o-y)
$204,500
0.2
% (y-o-y)
47.2%
29.5
% (y-o-y)
Lockport
29
48.2
% (y-o-y)
$194,500
8.7
% (y-o-y)
Data not available
Frankfort
21
40.0
% (y-o-y)
$232,000
9.0
% (y-o-y)
28.9%
25.9
% (y-o-y)
Oswego
17
63.8
% (y-o-y)
$185,500
10.7
% (y-o-y)
Data not available

Local Info For Joliet

Population:
145,002
Cost of Living Index: 101.90
Crime Index: 117.94     Rating: B- View crime details
Schools: 26    Average School Rating: C+ View individual school rating
Household Median Income: $60,714
Unemployment: 8.80%
Percentage of vacant homes: 7.30%