Joliet Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $115,000
    0% ( $50 ) vs Feb 2013
  • Median Sales Price
    $101,000
    10% ( $11,750 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $75,250
    16% ( $10,250 ) vs Feb 2013
  • Foreclosures 1,920
    Homes for Sale 581
    Recently Sold 2,029

Market Summary

There are currently 1,920 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 581.

In March, the number of properties that received a foreclosure filing in Joliet, IL was 14% higher than the previous month and 26% lower than the same time last year.

Home sales for February 2014 were down 45% compared with the previous month, and down 12% compared with a year ago. The median sales price of a non-distressed home was $101,000. The median sales price of a foreclosure home was $75,250, or 25% lower than non-distressed home sales.

Sales Prices - Joliet, IL




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$75,250 (Median Foreclosure Sales Price) $65,000 (Median Foreclosure Sales Price) $73,316 (Median Foreclosure Sales Price) $92,769 (Median Foreclosure Sales Price) $100,800 (Median Foreclosure Sales Price) $104,221 (Median Foreclosure Sales Price) $101,000 (Median Sales Price) $112,750 (Median Sales Price) $116,000 (Median Sales Price) $113,701 (Median Sales Price) $110,750 (Median Sales Price) $111,000 (Median Sales Price) $75,250 (Median Foreclosure Sales Price) $65,000 (Median Foreclosure Sales Price) $73,316 (Median Foreclosure Sales Price) $92,769 (Median Foreclosure Sales Price) $100,800 (Median Foreclosure Sales Price) $104,221 (Median Foreclosure Sales Price) $101,000 (Median Sales Price) $112,750 (Median Sales Price) $116,000 (Median Sales Price) $113,701 (Median Sales Price) $110,750 (Median Sales Price) $111,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Aurora
201
6.9
% (y-o-y)
$131,000
10.1
% (y-o-y)
30.9%
41.2
% (y-o-y)
Naperville
118
13.2
% (y-o-y)
$335,000
9.8
% (y-o-y)
25.4%
23.7
% (y-o-y)
Lemont
82
215.4
% (y-o-y)
$351,250
19.1
% (y-o-y)
37.4%
49.2
% (y-o-y)
PLAINFIELD
80
42.4
% (y-o-y)
$178,500
0.3
% (y-o-y)
13.0%
6.7
% (y-o-y)
Bolingbrook
72
10.0
% (y-o-y)
$145,000
9.4
% (y-o-y)
20.5%
30.9
% (y-o-y)
Tinley Park
60
17.8
% (y-o-y)
$165,000
1.8
% (y-o-y)
23.6%
25.2
% (y-o-y)
Orland Park
51
29.2
% (y-o-y)
$211,000
1.4
% (y-o-y)
33.2%
13.7
% (y-o-y)
Lockport
39
52.4
% (y-o-y)
$179,000
0.1
% (y-o-y)
5.3%
29.7
% (y-o-y)
Channahon
38
245.5
% (y-o-y)
$205,000
6.5
% (y-o-y)
22.0%
36.6
% (y-o-y)
Romeoville
38
30.9
% (y-o-y)
$137,000
5.4
% (y-o-y)
13.3%
10.0
% (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: 10.00%
Percentage of vacant homes: 7.30%