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Joliet, Illinois Community and Real Estate Information

Located in Will County and a small portion of Kendall County, the community of Joliet serves as a welcoming retreat for residents from the daily commute to the Chicago Loop complete with well-maintained parks and golf courses, excellent schools and colleges, and first-rate attractions. Future homeowners looking to establish themselves in this beautiful city can expect to find that Joliet's housing market is diverse and affordable, with average listing prices hovering in the $122,000s. Lovely Joliet single-family homes in quiet suburban neighborhoods and gated communities, as well as townhomes and condominiums near local college campuses, dominate the city's real estate market.

The city of Joliet serves as the seat of Will County and is the fourth largest city in Illinois. Over 152,000 residents currently reside throughout Joliet's nine townships, which include Joliet, Troy, Plainfield, Lockport, New Lenox, Jackson, Channahon, Seward, and Na-Au-Say. The city's youth are under the jurisdiction of several school districts with a total of 42 schools located within Joliet's city limits. Joliet is also known as the home of the nation's first public community college, Joliet Junior College. Two hospitals currently serve residents' health care needs: Provena Saint Joseph Medical Center and Silver Cross Hospital. A new hospital is expected to open some time in 2012 in the township of New Lenox.

Four golf courses and over 50 public parks are available for residents and are maintained by the Joliet Park District. Unless residents are looking to spend the day in nearby Chicago—which is only a 45 minute drive away—residents won't have to go far to enjoy a professional sporting event, take part in some retail therapy in historic downtown Joliet, try their luck at the tables, or get in touch with nature. The "City of Champions" awaits your arrival; get ready to come home to Joliettoday.

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Joliet Real Estate Market Info - Prices of Houses for Sale in Joliet

The real estate market in Joliet, IL is diverse and affordable. Charming homes can be found on shady, tree-lined streets with plenty of room for the kids and family dog to run around and play. Future homebuyers can find a home within distance near any of the local golf courses, or just steps from Joliet Junior College.

Housing prices in Joliet start at $100,000 for a 2 bedroom/2 bathroom brick bungalow home to $800,000 for an exquisitely built custom designed home in a gated neighborhood. Townhome and condo prices in Joliet start in the low $100,000s to the mid-$300,000s. Some urban luxury condo units can be found in downtown Joliet starting at less than $250,000. Buyers and investors will also find plenty of real estate investment opportunities here in Joliet ; prices start at $40,000 to upwards of $340,000.

Joliet Real Estate Stats and Trends for the week of January 27th, 2020: homes priced around $152,029 compared to $154,888 the previous week, showing a decrease of less than -2%.  For Monday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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