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Will County Gazette

Monday, December 23, 2024

Joliet (Will County) home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Joliet in Will County rose by $22,900 while total sales increased by 45.4%, according to BlockShopper.com.

In January 2017, there were 173 homes sold, with a median sale price of $138,000 - a 19.9% increase over the $115,100 median sale price for the same period of the previous year. There were 119 homes sold in Joliet in January 2016.

The median sales tax in Joliet for 2017 was $3,889.68. In 2016, the median sales tax was $3,747.80. This marks an increase of 3.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Joliet to other Will County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Crystal Lawns110%$149,900$71,100110.8%
Braidwood83166.7%$149,250$88,80668.1%
Peotone62200%$147,500$150,500-2%
Wilmington6520%$141,500$85,00066.5%
Crest Hill3112158.3%$140,000$110,00027.3%
Joliet17311945.4%$138,000$115,10019.9%
Preston Heights40-$135,000$0-
Rockdale41300%$113,325$107,0005.9%
Crete201533.3%$111,000$119,000-6.7%
Ingalls Park45-20%$107,000$36,200195.6%
Park Forest6520%$102,025$40,000155.1%
* This story only considers sales data for the part of Joliet that is in Will County.

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