Joliet, Illinois.
Typical home $267,651 (+1.3% in a year), asking rent $1,675 (+6.0%). Chicago-Naperville-Elgin, IL-IN-WI metro.
to buy the typical home at today's mortgage rate — +$759 (+118%) since Jan 2020.
- 1 year
- Up $3,339 +1%
- $264,312$267,651 since Sep 2025
- 5 years
- Up $61,729 +30%
- $205,922$267,651 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Joliet$1,405
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Joliet, IL rose 1.3% over the past year — in step with the nation.
Asking rents in Joliet, IL rose 6.0% over the past year — faster than the nation's +2.7%.
Owning the typical home in Joliet runs $517/mo more than renting one. The gap peaked at $643 in Nov 2023.
That is $2,192 a month against $1,675 rent: a $1,405 mortgage payment, plus $501 property tax and $287 insurance & upkeep.
Owning vs renting — Joliet
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,192
- Renting$1,675
- Mortgage only$1,405
Property tax · $501/mo 2.24% of value a year — the ACS 2020-2024 median bill over the median home value for Will County, IL
Insurance & upkeep · $287/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Joliet, Will County, Illinois
Joliet is a city of 150,362 people in Will County. Half its households earn more than $92,201 a year and half less, against $109,984 across Will County; 11% of its people live below the poverty line. 74% of its homes are lived in by their owners and 26% are rented. Unemployment in Joliet was 5.4% in August 2026, and Will County had 1.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Joliet is a city and the largest in Will County, with a population large enough that it feels like a place in its own right rather than a suburb of anywhere. Residents are somewhat younger than in many American towns, and most homes are lived in by their owners. Incomes run below the county's, and typical home values and rents sit in the middle of what Illinois offers. Winters are cold, with January the coldest month and a fair amount of snow, while July brings warm summer days; rain and melted snow arrive steadily through the year.
Work. Many residents work in schools, hospitals and social care, with shops, transport and warehousing, and manufacturing also employing a good share. Among the largest workplaces in Joliet are Amazon, Joliet Junior College and Joliet PSD 86 Schools. A four-year degree is held by fewer adults than the national average, and the typical commute is a fairly ordinary one for a city near Chicago, with a modest number working from home. Unemployment is somewhat higher than a year ago, while Will County has added jobs over the past year.
Things to do. The Rialto Square Theatre is a historic theatre a short drive away, and Midewin National Tallgrass Prairie is a protected area of open grassland, also a short drive away. For a day outdoors, the DuPage River is a short drive away, while Brookfield Zoo is a longer drive away. Race fans have Chicagoland Speedway close by, as is Autobahn Country Club.
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- 51,055households
- 26%of adults have a degree
- 11%below the poverty line
- 29 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Will County had 267,868 jobs in 2025, 1.6% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 31° and lows near 17°; warmest in July, with highs near 84° and lows near 64°. About 17 inches of snow and 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Joliet Brandon Rd Dam weather station, 2 miles away (NOAA).
Largest workplaces in Joliet
- AmazonGeneral warehousing and storage2,151
- Joliet Junior CollegeTwo-year college1,375
- Joliet PSD 86School district1,210FTE
- AmazonGeneral warehousing and storage1,162
- Presence St. Joseph Medical CenterGeneral hospital960FTE
- Joliet Twp HSD 204School district904FTE
- City of JolietOther general government support804
- Help At HomeHomemaker's service for elderly or disabled persons, non-medical666
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 122 workplaces with 20 or more staff, 20,254 people in all. Colleges come from IPEDS (NCES, 2023–24), school districts from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesRelatively high
- TornadoesRelatively high
- Inland floodingrelatively high in parts of JolietRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Joliet’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Will County and the Chicago-Naperville-Elgin, IL-IN-WI metro.
Joliet home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Joliet$267,651
- Illinois$295,943
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Joliet listings, and the typical home goes pending in 13 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Joliet26.79%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Joliet13
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Joliet282
New listings per month
Sellers arriving at the market.
- Joliet124
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Joliet$270,195
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Joliet100.26%
Zip codes with a Joliet address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Joliet — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Joliet
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 60435 | Joliet | 48,167 | $1,526 | $276,656 |
| 60431 | Joliet | 27,138 | $2,700 | $354,149 |
| 60432 | Joliet | 20,465 | — | $208,488 |
| 60433 | Joliet | 16,382 | $1,395 | $211,926 |