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Will County Gazette

Monday, November 25, 2024

Joliet (Will County) home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Joliet in Will County rose by $38,450 while total sales decreased by 13.9%, according to BlockShopper.com.

In January 2018, there were 149 homes sold, with a median sale price of $176,450 - a 27.9% increase over the $138,000 median sale price for the same period of the previous year. There were 173 homes sold in Joliet in January 2017.

The median sales tax in Joliet for the most recent year with available data, 2017, was $3,889.70, approximately 2.2% of the median home sale price for January 2018.

The following table compares Joliet to other Will County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Beecher45-20%$196,500$220,000-10.7%
Frankfort Square911-18.2%$196,000$228,000-14%
Minooka110%$181,500$184,000-1.4%
Crystal Lawns21100%$181,000$149,90020.7%
Romeoville4253-20.8%$178,000$160,00011.3%
Joliet149173-13.9%$176,450$138,00027.9%
Crete1420-30%$169,500$111,00052.7%
Lakewood Falls41300%$166,000$155,5006.8%
Crest Hill1731-45.2%$161,500$140,00015.4%
Braidwood38-62.5%$155,000$149,2503.9%
Wilmington7616.7%$151,000$141,5006.7%
* This story only considers sales data for the part of Joliet that is in Will County.

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