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JOLIET, IL 60431

Real Estate Market Report  ·  Will County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
88
⇧ 87.2% vs 47 last year
Pending
46
52% pending ratio
Median Price
$365,000
⇧ 3.9% vs $351,248 last year
Average Price
$369,692
⇩ 3.4% vs $382,573 last year
Days on Market
61
⇩ 1.6% vs 62 days last year

Market Context

Population: 27,357  ·  Density: 822.5/mi²  ·  Median household income: $109,136

Typical home value: $262,585  ·  Homeownership: 90.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The JOLIET, IL real estate market (60431) currently shows 88 active listings, with 46 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.

Homes are selling faster, averaging 61 days on market compared to 62 days last year.

The median listing price has risen 3.9% year-over-year, from $351,248 to $365,000.

Whether you are buying or selling in JOLIET, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 88 this year vs 47 last year
  • Days on market: 61 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $365,000 (+3.9% YoY)
  • Average: $369,692 (-3.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.8 miles — 1,018 listings ($482,098,277 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60431Joliet, IL 604310.0 mi88$32,532,896$365,000$369,692
60586Plainfield, IL 605862.9 mi81$34,653,744$422,500$427,824
60403Crest Hill, IL 604034.8 mi39$10,775,349$269,000$276,291
60544Plainfield, IL 605445.6 mi120$51,310,920$384,999$427,591
60410Channahon, IL 604107.8 mi63$28,731,591$439,450$456,057
60585Plainfield, IL 605858.7 mi112$77,056,448$606,685$688,004
60446Romeoville, IL 604468.8 mi68$23,478,768$330,000$345,276
60490Bolingbrook, IL 6049010.4 mi44$22,037,752$498,751$500,858
60543Oswego, IL 6054311.0 mi133$64,507,128$436,750$485,016
60503Aurora, IL 6050312.3 mi79$38,498,754$496,497$487,326
60451New Lenox, IL 6045112.8 mi83$45,637,467$514,500$549,849
60491Homer Glen, IL 6049113.6 mi32$23,942,816$644,900$748,213
60504Aurora, IL 6050414.8 mi76$28,934,644$399,864$380,719

Frequently Asked Questions

How many homes are for sale in JOLIET, IL 60431?

As of January 2026, there are 88 active listings in JOLIET, IL (zip code 60431), compared to 47 the prior year.

What is the median home price in JOLIET, IL 60431?

The median listing price in JOLIET, IL 60431 is $365,000 as of January 2026, a 3.9% increase from $351,248 the prior year.

How long do homes stay on the market in JOLIET, IL?

Homes in JOLIET, IL 60431 spend an average of 61 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in JOLIET, IL 60431?

Based on current inventory and days-on-market data as of January 2026, JOLIET, IL 60431 is currently a Balanced Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are selling faster, averaging 61 days on market compared to 62 days last year.

How much can I save on real estate commission in JOLIET, IL?

With SELL123.com's maximum 3% commission, sellers in JOLIET, IL 60431 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.