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Foreclosure Homes in Joliet, IL

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Joliet, IL Foreclosures

How much do homes sell for in Joliet, IL?
The average home price is currently $301,641.
In Joliet, IL, how many homes are available?
There are currently 2,075 active home listings available in Joliet.
What’s the average rental cost in Joliet, IL?
The average rental price in Joliet is $1,367.
What is the most expensive home in Joliet?
The most expensive home sold in Joliet had a price of $137,079,088.
What is currently the cheapest priced home in Joliet, IL?
The cheapest home for sale in Joliet is priced at $10,282.

Living in Joliet, IL

Joliet is a bustling city in Illinois known for its diverse community and rich historical background. With a variety of amenities and parks, it offers both urban and suburban living experiences. The city hosts numerous events and recreational activities, making it an attractive place for families and professionals.

Current Market Conditions in Joliet, IL

The real estate market in Joliet is currently experiencing a surge in demand as home prices have steadily increased. The area has seen a mixed selection of homes, from charming older properties to new construction. The trend points towards a competitive market, making it essential for buyers to act quickly.

Home Value Estimator For Joliet, IL

There are currently 43,517 real estate properties in Joliet, IL, with a median automated valuation model (AVM) price of $253,877.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Joliet, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Joliet, IL, is $301,641.00, with the most expensive house in Joliet, IL, topping out at $137,079,088.00 and the cheapest home in Joliet, IL, clocking in at $10,282.00. In other words, there’s something for every potential homebuyer or savvy investor in Joliet, IL!

Rent Prices In Joliet, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Joliet, IL, is on a rollercoaster ride. The average rent price in Joliet, IL, is $1,367.00. Indeed, when looking to rent in Joliet, IL, you can expect to pay as little as $590.00 or as much as $4,720.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Joliet, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Joliet, IL Foreclosures

Market Trend for Joliet, IL

Total Listings Available: 2,075

Market Values:

Home Prices from $10,282 to $137,079,088

Average Sales Price: $301,641

Rental Values:

Rental from $590 to $4,720

Average Rent Value: $1,367 / month

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