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Will County Gazette

Friday, April 19, 2024

Joliet (Will County) home prices rise in April 2017

Realestate4

The median sale price of a home sold in April 2017 in Joliet in Will County rose by $7,600 while total sales increased by 4.1%, according to BlockShopper.com.

In April 2017, there were 152 homes sold, with a median sale price of $149,600 - a 5.4% increase over the $142,000 median sale price for the same period of the previous year. There were 146 homes sold in Joliet in April 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 April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Romeoville484214.3%$174,000$138,95025.2%
Crest Hill2914107.1%$168,000$153,0009.8%
Wellington Heights21100%$165,500$146,00013.4%
Crystal Lawns440%$155,000$134,95014.9%
Beecher73133.3%$154,000$200,000-23%
Joliet1521464.1%$149,600$142,0005.4%
Monee513-61.5%$145,900$105,00039%
Fairmont12-50%$140,000$52,500166.7%
Crete171513.3%$136,000$125,0008.8%
Braidwood660%$135,550$133,5001.5%
Wilmington47-42.9%$112,495$77,00046.1%
* This story only considers sales data for the part of Joliet that is in Will County.

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