Current Price

$244,977

1 Month Forecast

â–² $264,167

1-Year Forecast *

â–² $277,919

5-Year Forecast *

â–² $331,963

"Is it a good time to buy homes in Joliet?" "Does investing in real estate in Joliet (Illinois State, Will County) worth it?" According to our live Forecast System, buying a house in Joliet is a good short-term (1-year) investment*. The Joliet average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Joliet" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Joliet in Illinois State, Will County. If you are looking for homes for sale with good flipping profit, Joliet can be a profitable property investment option. The median price of an average house in Joliet was 244,977 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Joliet" area is 331,963 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +35.51% meaning that investing 100000 USD today may yield a profit of 35,508 USD by 2031.

Current Median Listing Price: 244,977 USD Median Listing Price Per Square Foot: 136 USD

Joliet Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Joliet (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Joliet Price Target

Joliet median home price target in 12 months: $277,919* (upside of 13.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $259,073 $262,650 $259,073 $262,650
2024 $228,938 $244,977 $228,938 $244,977
2023 $211,692 $227,951 $211,692 $227,951
2022 $199,141 $211,810 $199,141 $214,665
2021 $179,678 $196,900 $179,678 $196,900
2020 $167,811 $177,361 $167,811 $177,361
2019 $162,430 $166,452 $162,430 $166,452
2018 $156,145 $160,957 $156,145 $160,957
2017 $145,011 $154,932 $145,011 $154,932
2016 $132,837 $143,478 $132,837 $143,478
2015 $122,324 $132,066 $121,823 $132,066
2014 $116,271 $122,747 $116,271 $123,774
2013 $106,516 $116,192 $106,516 $116,192
2012 $113,349 $107,101 $107,101 $113,349

Questions & Answers about the Joliet Housing Market Forecast

How much does an average home cost in Joliet today?

The value of an average home (the listing price) in Joliet is $244,977 USD.

What is the average price per square foot in Joliet?

According to Walletinvestor the median price per square foot in Joliet is 136 USD.

Will the median listing price of homes in Joliet grow / rise / go up?

Yes. The Joliet home prices may rise from 244,977 USD to 277,919 USD in one year.

Is it profitable to invest in Joliet homes?

Yes. The long-term profit potential is +13.45% in one year.

Will Joliet house prices fall / drop?

No. See above.

What is the predicted price of a Joliet home in 2030?

The predicted home sales price of a Joliet home in 2030 in Joliet is 316,634 USD.

What is the predicted price of a Joliet home in 2035?

The predicted home sales price of a Joliet home in 2035 in Joliet is 394,374 USD.

Will real estate prices decrease in Joliet?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Joliet is the 329. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Will, Joliet decreased, looking at the past 12 months.

According to Walletinvestor's Joliet real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.739% to 244,977 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 12.437% in 2021
  • 11.647% in 2022
  • 12.257% in 2023
  • 13.197% in 2024
  • 14.677% in 2025
  • 15.367% in 2026

Based on our Joliet real estate market research and report the predicted sales prices will increase by 253.126% in the next 10 years.

Over the last 12 months, the value of homes in Joliet fluctuated: increasing 5 times .

Joliet (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Joliet Housing Market Forecast with Real Estate Prices for 2025
August 2025 264167 244090 284244
September 2025 265693 244969 286417
October 2025 267227 249590 284864
November 2025 268771 243506 294035
December 2025 270323 245453 295193
Joliet Housing Market Forecast with Real Estate Prices for 2026
January 2026 271885 245512 298257
February 2026 272474 258850 286098
March 2026 272539 252099 292980
April 2026 273158 252944 293372
May 2026 274736 258252 291220
June 2026 276323 256427 296218
July 2026 277919 258742 297095
August 2026 279524 263032 296016
September 2026 281138 258928 303348
October 2026 282762 262686 302838
November 2026 284395 259368 309422
December 2026 285680 257684 313677
Joliet Housing Market Forecast with Real Estate Prices for 2027
January 2027 285872 271007 300738
February 2027 285018 257656 312380
March 2027 284166 269389 298943
April 2027 283316 259518 307115
May 2027 282602 259711 305492
June 2027 282445 259567 305323
July 2027 283049 267481 298617
August 2027 284684 258778 310590
September 2027 286328 265713 306944
October 2027 287982 269263 306701
November 2027 289645 267053 312238
December 2027 291318 263643 318994
Joliet Housing Market Forecast with Real Estate Prices for 2028
January 2028 293001 267217 318785
February 2028 293512 277369 309655
March 2028 293697 275194 312200
April 2028 294353 270805 317901
May 2028 295088 269711 320466
June 2028 296366 276509 316222
July 2028 298077 269760 326395
August 2028 299799 283610 315988
September 2028 301530 282534 320527
October 2028 303272 282043 324501
November 2028 305024 280317 329731
December 2028 306785 290526 323045
Joliet Housing Market Forecast with Real Estate Prices for 2029
January 2029 308557 292204 324911
February 2029 310226 286028 334423
March 2029 311613 285438 337789
April 2029 312693 293306 332080
May 2029 313823 295308 332339
June 2029 315636 287860 343412
July 2029 316634 290353 342915
August 2029 317058 294547 339569
September 2029 317498 295590 339405
October 2029 318225 290221 346228
November 2029 319045 297350 340740
December 2029 319994 288315 351673
Joliet Housing Market Forecast with Real Estate Prices for 2030
January 2030 321842 302210 341475
February 2030 323701 301689 345713
March 2030 325571 306362 344779
April 2030 327451 298636 356267
May 2030 329343 307277 351408
June 2030 331245 301764 360726
July 2030 331963 307730 356196
August 2030 332043 310128 353957
September 2030 332796 311830 353763
October 2030 334719 306602 362835
November 2030 336652 303997 369307
December 2030 338596 311847 365345
Joliet Housing Market Forecast with Real Estate Prices for 2031
January 2031 340552 316032 365072
February 2031 342519 316830 368208
March 2031 344497 327272 361722
April 2031 346487 311838 381136
May 2031 348052 321252 374852
June 2031 348287 330872 365701
July 2031 347246 320508 373983
August 2031 346207 325089 367326
September 2031 345173 319975 370370
October 2031 344302 325710 362894
November 2031 344111 320711 367511
December 2031 344847 314500 375193
Joliet Housing Market Forecast with Real Estate Prices for 2032
January 2032 346839 320479 373198
February 2032 348842 318144 379540
March 2032 350857 328753 372961
April 2032 352883 326770 378997
May 2032 354921 332916 376927
June 2032 356971 326629 387314
July 2032 357594 326841 388347

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.