Joliet Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $134,950
    4% ( $5,050 ) vs May 2013
  • Median Sales Price
    $95,000
    4% ( $4,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $79,751
    0% ( $249 ) vs May 2013
  • Foreclosures 1,688
    Homes for Sale 682
    Recently Sold 1,892

Market Summary

There are currently 1,688 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 682.

In June, the number of properties that received a foreclosure filing in Joliet, IL was 83% higher than the previous month and 65% higher than the same time last year.

Home sales for May 2014 were down 10% compared with the previous month, and up 15% compared with a year ago. The median sales price of a non-distressed home was $95,000. The median sales price of a foreclosure home was $79,751, or 16% lower than non-distressed home sales.

Sales Prices - Joliet, IL




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$79,751 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $80,000 (Median Foreclosure Sales Price) $75,500 (Median Foreclosure Sales Price) $65,000 (Median Foreclosure Sales Price) $73,316 (Median Foreclosure Sales Price) $95,000 (Median Sales Price) $99,000 (Median Sales Price) $95,000 (Median Sales Price) $100,500 (Median Sales Price) $112,750 (Median Sales Price) $116,000 (Median 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) $65,000 (Median Foreclosure Sales Price) $73,316 (Median Foreclosure Sales Price) $95,000 (Median Sales Price) $99,000 (Median Sales Price) $95,000 (Median Sales Price) $100,500 (Median Sales Price) $112,750 (Median Sales Price) $116,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Aurora
257
20.9
% (y-o-y)
$136,500
2.4
% (y-o-y)
31.3%
37.6
% (y-o-y)
Naperville
219
5.2
% (y-o-y)
$345,000
4.5
% (y-o-y)
32.6%
16.5
% (y-o-y)
PLAINFIELD
156
2.5
% (y-o-y)
$181,500
6.6
% (y-o-y)
11.8%
19.6
% (y-o-y)
Orland Park
121
31.5
% (y-o-y)
$205,000
1.6
% (y-o-y)
22.0%
31.1
% (y-o-y)
Bolingbrook
110
12.0
% (y-o-y)
$165,000
1.5
% (y-o-y)
34.5%
29.9
% (y-o-y)
Lockport
95
21.8
% (y-o-y)
$185,000
1.2
% (y-o-y)
20.5%
12.4
% (y-o-y)
Tinley Park
86
7.5
% (y-o-y)
$175,000
7.7
% (y-o-y)
34.3%
26.2
% (y-o-y)
Romeoville
67
9.8
% (y-o-y)
$139,800
0.1
% (y-o-y)
21.3%
15.7
% (y-o-y)
Oswego
58
1.8
% (y-o-y)
$209,000
7.2
% (y-o-y)
17.7%
21.8
% (y-o-y)
Mokena
56
9.8
% (y-o-y)
$234,600
8.0
% (y-o-y)
26.3%
30.4
% (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: 10.30%
Percentage of vacant homes: 7.30%