Joliet, Illinois Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Joliet, Illinois
6 ZIPs in this city:
60431
60432
60433
60434
60435
60436
Market Hotness
76
Hotness Rank
--
Hotness Score
76
Supply Score
87
Demand Score
64
DOM vs US
-21.8%
Faster
Price vs US
72%
Below avg
Median Listing Price
$313K
Population
131,575
Households
254,278
Median Days on Market
30
Active Listings
137
New Listings
144
Housing Market
Pricing
Median Listing Price
$313K
+11.0% YoY
Average Listing Price
$319K
+4.1% YoY
Price per Sq Ft
$189.847
+6.1% YoY
Median Sq Ft
1,617
+2.2% YoY
Inventory
Active Listings
137
-10.5% YoY
New Listings
144
-7.7% YoY
Total Listings
325
-4.7% YoY
Buyer Competition
Pending Listings
188
-1.6% YoY
Pending Ratio
1.37
+9.5% YoY
Median Days on Market
30
+10.7% YoY
Price Reduced
12.0%
-6.6% YoY
FY2026 Fair Market Rent — Will County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,480
/month
1 BR
$1,581
/month
2 BR
$1,781
/month
3 BR
$2,294
/month
4 BR
$2,653
/month
FMR Trends — Will County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
39.1
2024
Population
Total Population
131,575
+1.1% YoY
Will County Population
708,583
+0.7% YoY
Households
Total Housing Units
254,278
+0.6% YoY
Age
2024 Age Mix
701K
residents
Under 18
165,564
23.6%
Adults 18–64
433,631
61.8%
65 & Over
102,267
14.6%
Age Composition Over Time
2017–2024
Population Under 18
165,564
-1.2% YoY
Population 65 & Over
102,267
+3.9% YoY
Median Age
39.10
+0.5% YoY
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