Joliet Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $134,900
    7% ( $9,600 ) vs Aug 2013
  • Median Sales Price
    $115,000
    7% ( $7,950 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $79,271
    11% ( $10,230 ) vs Aug 2013
  • Foreclosures 1,559
    Homes for Sale 613
    Recently Sold 1,717

Market Summary

There are currently 1,559 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 613.

In September, the number of properties that received a foreclosure filing in Joliet, IL was 30% higher than the previous month and 59% lower than the same time last year.

Home sales for August 2014 were up 2% compared with the previous month, and down 25% compared with a year ago. The median sales price of a non-distressed home was $115,000. The median sales price of a foreclosure home was $79,271, or 31% lower than non-distressed home sales.

Sales Prices - Joliet, IL




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$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) $80,000 (Median Foreclosure 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) $95,000 (Median 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) $80,000 (Median Foreclosure 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) $95,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
256
27.7
% (y-o-y)
$350,000
4.1
% (y-o-y)
35.7%
31.5
% (y-o-y)
Aurora
239
39.2
% (y-o-y)
$156,500
4.6
% (y-o-y)
32.9%
39.8
% (y-o-y)
PLAINFIELD
139
45.5
% (y-o-y)
$207,000
3.5
% (y-o-y)
17.6%
11.8
% (y-o-y)
Bolingbrook
103
31.8
% (y-o-y)
$165,000
6.8
% (y-o-y)
26.7%
23.6
% (y-o-y)
Tinley Park
93
39.6
% (y-o-y)
$190,000
7.6
% (y-o-y)
34.2%
21.8
% (y-o-y)
Orland Park
84
36.4
% (y-o-y)
$222,000
1.3
% (y-o-y)
9.9%
30.2
% (y-o-y)
Lockport
75
29.9
% (y-o-y)
$220,501
0.7
% (y-o-y)
23.8%
38.2
% (y-o-y)
Frankfort
67
30.9
% (y-o-y)
$285,000
12.4
% (y-o-y)
15.1%
2.2
% (y-o-y)
Romeoville
62
36.7
% (y-o-y)
$148,950
7.9
% (y-o-y)
30.2%
10.1
% (y-o-y)
New Lenox
62
21.5
% (y-o-y)
$250,000
13.6
% (y-o-y)
32.0%
18.6
% (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: 7.60%
Percentage of vacant homes: 7.30%