Is Joliet, IL 60436 a buyer’s or seller’s market?
Joliet is a seller’s market. With about 3.1 months of supply and 41% 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.
More competitive than 63% of U.S. ZIP codes, and #289 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
The Joliet housing market right now
In the three months ending August 31, 2026, 41% of homes in Joliet, IL 60436 sold above their list price, the typical home went under contract in 48 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 50 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 36%, homes sold faster (55 days then) and the median sale price held steady to $224,903. Overall, Joliet is more competitive than a year ago, so tougher for buyers.
Within Will County, homes here sell faster than in 55% of the county’s ZIP codes, and sell more often over asking than in 69%. On our competition score, Joliet ranks #289 of 464 IL ZIP codes with enough sales (score 61 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.
Run the numbers for 60436
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 →Towns like Joliet nearby
Find towns like Joliet in other states →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 3.1 months of supply in Joliet, IL 60436 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 48 days in the latest three months.
Do homes in Joliet sell over asking?
41% of homes sold above their original list price, and the typical sale closed at 99.1% 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 $224,903 in the three months ending August 31, 2026, about $182 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