Is Joliet, IL 60435 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Joliet is a seller’s market. With about 2.9 months of supply and 43% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score67/ 100

More competitive than 70% of U.S. ZIP codes, and #227 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.9Under 4 months = seller’s market
Sold above original list42.9%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$184▼ −3.3% vs. last year

The Joliet housing market right now

In the three months ending August 31, 2026, 43% of homes in Joliet, IL 60435 sold above their list price, the typical home went under contract in 51 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 153 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 47%, homes sold about as fast and the median sale price rose 11% to $289,875. Overall, Joliet is less competitive than a year ago, which gives buyers more room.

Within Will County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 79%. On our competition score, Joliet ranks #227 of 464 IL ZIP codes with enough sales (score 67 out of 100).

Nearby, buyers who want less competition could look at Elwood 60421 (17% sold over asking) or Beecher 60401 (17% sold over asking), while Bolingbrook 60440 (61% sold over asking) and New Lenox 60451 (50% sold over asking) are even more competitive.

Nearby markets

Aurora 60503Seller’s market $227 /sq ftBeecher 60401Balanced $164 /sq ftBolingbrook 60440Seller’s market $210 /sq ftBolingbrook 60490Seller’s market $217 /sq ft Browse all markets →

Where Joliet is

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Questions about Joliet real estate

Is Joliet a buyer’s or seller’s market?

A seller’s market: there were 2.9 months of supply in Joliet, IL 60435 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Joliet?

The typical home went under contract in 51 days in the latest three months.

Do homes in Joliet sell over asking?

43% of homes sold above their original list price, and the typical sale closed at 100.3% of the list price.

What are property taxes in Joliet?

About 2.24% of a home’s value a year in Will County, or roughly $8,960 on a $400,000 home.

What is the median home price in Joliet?

The median sale price was $289,875 in the three months ending August 31, 2026, about $184 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology