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JOLIET, IL 60431

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

Market Analysis

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

The JOLIET, IL real estate market (60431) currently shows 117 active listings, with 73 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has increased compared to last year, with 47 more homes available — giving buyers more choice.

Homes are selling faster, averaging 22 days on market compared to 24 days last year.

The median listing price has risen 0.4% year-over-year, from $354,900 to $356,175.

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 Context

Market Context

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

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

Market Overview

Active Listings
117
⇧ 67.1% vs 70 last year
Pending
73
62% pending ratio
Median Price
$356,175
⇧ 0.4% vs $354,900 last year
Average Price
$363,792
⇩ 4.9% vs $382,649 last year
Days on Market
22
⇩ 8.3% vs 24 days last year

Price Per Square Foot

Median $/sqft
$182
⇩ 1.6% vs $185/sqft last year
Median Home Size
1,957 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 117 this year vs 70 last year
  • Days on market: 22 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $356,175 (+0.4% YoY)
  • Average: $363,792 (-4.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.8 miles — 1,114 listings ($544,026,819 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60431Joliet, IL 604310.0 mi92$32,907,388$349,973$357,689
60586Plainfield, IL 605862.9 mi87$37,287,591$415,500$428,593
60403Crest Hill, IL 604034.8 mi39$10,695,477$274,925$274,243
60544Plainfield, IL 605445.6 mi126$53,787,006$385,425$426,881
60410Channahon, IL 604107.8 mi73$33,679,718$448,675$461,366
60585Plainfield, IL 605858.7 mi121$86,119,451$624,593$711,731
60446Romeoville, IL 604468.8 mi78$28,175,628$341,225$361,226
60490Bolingbrook, IL 6049010.4 mi48$25,971,840$507,778$541,080
60543Oswego, IL 6054311.0 mi148$78,019,532$449,925$527,159
60503Aurora, IL 6050312.3 mi90$45,258,660$540,000$502,874
60451New Lenox, IL 6045112.8 mi88$49,007,904$510,771$556,908
60491Homer Glen, IL 6049113.6 mi36$27,786,384$630,725$771,844
60504Aurora, IL 6050414.8 mi88$35,330,240$424,073$401,480

Frequently Asked Questions

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

As of March 2026, there are 117 active listings in JOLIET, IL (zip code 60431), compared to 70 the prior year.

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

The median listing price in JOLIET, IL 60431 is $356,175 as of March 2026, a 0.4% increase from $354,900 the prior year.

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

Homes in JOLIET, IL 60431 spend an average of 22 days on the market before going under contract, compared to 24 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 March 2026, JOLIET, IL 60431 is currently a Balanced Market. Inventory has increased compared to last year, with 47 more homes available — giving buyers more choice. Homes are selling faster, averaging 22 days on market compared to 24 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 $7,124 compared to a typical 5% commission on the median listing price of $356,175. 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.