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Will County Gazette

Monday, November 25, 2024

Joliet (Will County) home prices rise in March 2017

Realestate4

The median sale price of a home sold in March 2017 in Joliet in Will County rose by $13,000 while total sales increased by 6.3%, according to BlockShopper.com.

In March 2017, there were 151 homes sold, with a median sale price of $149,000 - a 9.6% increase over the $136,000 median sale price for the same period of the previous year. There were 142 homes sold in Joliet in March 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 2.6%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Lakewood Falls31200%$165,000$112,00047.3%
Boula12-50%$159,000$153,7503.4%
Crest Hill312334.8%$157,000$134,40016.8%
Elwood23-33.3%$153,250$190,000-19.3%
Carillon21100%$152,375.07$215,000-29.1%
Joliet1511426.3%$149,000$136,0009.6%
Peotone4333.3%$146,500$158,900-7.8%
Forest Manor10-$145,000$0-
Coynes10-$140,000$0-
Braidwood56-16.7%$140,000$126,00011.1%
Crete1417-17.6%$135,500$143,500-5.6%
* This story only considers sales data for the part of Joliet that is in Will County.

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