Joliet Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $143,500
    4% ( $5,500 ) vs Jul 2013
  • Median Sales Price
    $107,000
    14% ( $13,000 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $89,500
    2% ( $1,500 ) vs Jul 2013
  • Foreclosures 1,580
    Homes for Sale 714
    Recently Sold 1,733

Market Summary

There are currently 1,580 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 714.

In August, the number of properties that received a foreclosure filing in Joliet, IL was 30% lower than the previous month and 27% higher than the same time last year.

Home sales for July 2014 were down 1% compared with the previous month, and down 15% compared with a year ago. The median sales price of a non-distressed home was $107,000. The median sales price of a foreclosure home was $89,500, or 16% lower than non-distressed home sales.

Sales Prices - Joliet, IL




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$89,500 (Median Foreclosure Sales Price) $88,000 (Median Foreclosure Sales Price) $79,751 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $75,500 (Median Foreclosure Sales Price) $107,000 (Median Sales Price) $94,001 (Median Sales Price) $95,000 (Median Sales Price) $99,000 (Median Sales Price) $95,000 (Median Sales Price) $100,500 (Median 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) $80,000 (Median Foreclosure Sales Price) $75,500 (Median Foreclosure Sales Price) $107,000 (Median Sales Price) $94,001 (Median Sales Price) $95,000 (Median Sales Price) $99,000 (Median Sales Price) $95,000 (Median Sales Price) $100,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
207
44.9
% (y-o-y)
$349,000
3.5
% (y-o-y)
30.4%
24.1
% (y-o-y)
Aurora
170
54.3
% (y-o-y)
$144,000
5.9
% (y-o-y)
27.3%
41.5
% (y-o-y)
PLAINFIELD
145
37.0
% (y-o-y)
$200,000
3.8
% (y-o-y)
15.8%
16.3
% (y-o-y)
Bolingbrook
84
37.3
% (y-o-y)
$163,000
6.6
% (y-o-y)
25.2%
30.1
% (y-o-y)
Lockport
72
39.0
% (y-o-y)
$216,006
0.7
% (y-o-y)
28.7%
35.6
% (y-o-y)
Orland Park
65
59.1
% (y-o-y)
$215,000
6.5
% (y-o-y)
7.0%
27.6
% (y-o-y)
Tinley Park
64
46.7
% (y-o-y)
$184,500
5.3
% (y-o-y)
35.0%
20.1
% (y-o-y)
Oswego
53
51.4
% (y-o-y)
$221,250
5.4
% (y-o-y)
15.3%
26.2
% (y-o-y)
Romeoville
48
31.4
% (y-o-y)
$148,000
5.7
% (y-o-y)
18.9%
19.6
% (y-o-y)
Frankfort
44
37.1
% (y-o-y)
$289,250
9.8
% (y-o-y)
25.7%
17.3
% (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: 8.40%
Percentage of vacant homes: 7.30%