Real Estate Market Update for Will County, IL
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 11% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 280-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 12%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 210-thousand dollars. The number of units sold increased 2% year-over-year, and increased 15% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Will County, IL
Area Information for Will County, IL
  • Population: 701,358
  • Median Age: 37.46 yr
  • Median Commute Time: 31 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 838/sq mi
  • Population Change Since 2000: 39.63%
  • Closest Airport: Chicago Midway International
  • Closest College: Lewis University
  • Closest Jr. College: Joliet Junior College
  • Median Household Income: $77,780
  • Annual Residential Turnover: 8%
  • Median Home Sales Price: $220,000
  • Closest Major Sports Team: Kane County Cougars (a)
  • Change Avg. Household Income Since 2000: 32.11%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Will County, IL
Median Age: 37.46 Married: 44% Number of Households: 232,852 Households with Children: 89,907
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Will County, IL

      School Name Distance Type Grades School Rating Parent Rating
      Spencer Crossing School 0.9 mi Public 4-6 5 0
      Lincoln-way Central High School 1.4 mi Public 9-12 5 0
      Hickory Creek Middle School 1.4 mi Public 6-8 5 0
      Alex M Martino Jr High School 1.6 mi Public 7-8 4 0
      Heritage Christian School 2.9 mi Private K-12 0 0
      Oster-oakview school 2.9 mi Public 4-6 4 0
      Nelson Ridge School 3.2 mi Public 4-6 4 0
      Mokena Intermediate School 3.4 mi Public 4-5 4 0
      Liberty Junior High School 3.6 mi Public 7-8 4 0
      Lincoln-way East High School 3.9 mi Public 9-12 5 0
      Mokena Jr High School 4.0 mi Public 6-8 4 0
      Lincoln Way West 4.0 mi Public 9-12 5 0
      Providence Catholic High School 4.5 mi Catholic 9-12 0 0
      Union Elementary School 5.1 mi Public K-8 4 0
      Manhattan Jr High School 5.1 mi Public 6-8 4 0
      Chelsea Elementary School 6.0 mi Public 3-5 5 0
      Eisenhower Academy 6.0 mi Public 1-5 5 0
      Indian Trail Elementary School 6.4 mi Public 1-4 4 0
      Frankfort Square Elementary School 6.7 mi Public 1-4 5 0
      Summit Hill Junior High School 7.0 mi Public 7-8 4 0
      William E Young School 7.5 mi Public 1-4 4 0
      Luther J Schilling School 7.7 mi Public K-4 4 0
      Edna Keith Elementary School 7.8 mi Public K-5 0 0
      Washington Jr High & Academy Prgm 8.0 mi Public 6-8 2 0
      William J Butler School 8.1 mi Public 1-4 4 0
      Joliet Central High School 8.2 mi Public 9-12 1 0
      Lockport Township High School East 8.7 mi Public 10-12 4 0
      Goodings Grove School 9.5 mi Public 1-4 4 0
      Ludwig Elementary School 10.1 mi Public 4-5 4 0
      Joliet West High School 10.7 mi Public 9-12 3 0
      Hufford Junior High School 11.0 mi Public 6-8 2 0
      Joliet Catholic Academy 11.1 mi Catholic 9-12 0 0
      Romeoville High School 12.3 mi Public 9-12 4 0
      Troy Craughwell School 12.3 mi Public K-4 4 0
      Peotone Elementary School 12.6 mi Public K-3 0 0
      Peotone High School 12.6 mi Public 9-12 3 0
      Peotone Jr High School 13.2 mi Public 6-8 4 0
      Crete-monee Middle School 13.5 mi Public 6-8 1 0
      A Vito Martinez Middle School 13.7 mi Public 6-8 4 0
      Troy Shorewood School 14.2 mi Public K-4 4 0
      John J Lukancic Middle School 14.3 mi Public 6-8 4 0
      Crete-monee High School 14.4 mi Public 9-12 1 0
      Troy Crossroads Elementary School 14.4 mi Public PRESCHOOL-4 4 0
      Holy Family School 14.5 mi Catholic PRESCHOOL-8 0 0
      Timber Ridge Middle School 14.7 mi Public 6-8 4 0
      River View Elementary School 14.7 mi Public K-5 4 0
      Troy Hofer Elementary School 15.3 mi Public K-4 4 0
      Channahon Junior High School 15.7 mi Public 7-8 4 0
      Illinois Lutheran Elementary School 15.7 mi Private PRESCHOOL-6 0 0
      Illinois Lutheran High School 15.7 mi Private 7-12 0 0
      Plainfield South High School 15.7 mi Public 9-12 4 0
      Bolingbrook High School 16.0 mi Public 9-12 4 0
      Walnut Trails Elementary School 16.0 mi Public K-4 4 0
      St Mary Immaculate Parish School 16.1 mi Catholic PRESCHOOL-8 0 0
      Pioneer Path 16.3 mi Public 3-4 4 0
      Plainfield High School- Central Campus 16.4 mi Public 9-12 4 0
      Jonas E Salk Elementary School 16.4 mi Public K-5 4 0
      Central Elementary School 16.4 mi Public K-5 4 0
      Indian Trail Middle School 16.4 mi Public 6-8 4 0
      Brooks Middle School 16.5 mi Public 6-8 4 0
      Liberty Elementary School 16.6 mi Public K-5 4 0
      Jane Addams Middle School 16.6 mi Public 6-8 4 0
      Elizabeth Eichelberger Elementary School 16.9 mi Public K-5 4 0
      John F Kennedy Middle School 17.0 mi Public 6-8 4 0
      Wilmington High School 17.1 mi Public 9-12 3 0
      Richard Ira Jones Middle School 17.3 mi Public 6-8 4 0
      Wilmington Middle School 17.3 mi Public 6-8 4 0
      L J Stevens Intermediate School 17.4 mi Public PRESCHOOL-5 4 0
      Plainfield East High School 17.6 mi Public 9-12 4 0
      Lincoln Elementary School 18.0 mi Public K-5 4 0
      Wayne Builta Elementary School 18.2 mi Public K-5 5 0
      Eagle Pointe Elementary School 18.4 mi Public K-5 4 0
      Walkers Grove Elementary School 18.5 mi Public K-5 4 0
      Beecher High School 18.6 mi Public 9-12 4 0
      Beecher Elementary School 18.6 mi Public PRESCHOOL-5 4 0
      Heritage Grove Middle School 18.8 mi Public 6-8 5 0
      V Blanche Graham Elementary School 19.0 mi Public K-5 5 0
      Aux Sable Middle School 19.1 mi Public 6-8 4 0
      Freedom Elementary School 19.3 mi Public K-5 4 0
      Patterson Elementary School 19.4 mi Public K-5 5 0
      Oliver Julian Kendall Elementary School 19.5 mi Public K-5 5 0
      Plainfield North High School 19.5 mi Public 9-12 4 0
      Covenant Classical School 20.1 mi Private K-8 0 0
      Gordon Gregory Middle School 20.2 mi Public 6-8 5 0
      Robert Clow Elementary School 20.2 mi Public K-5 5 0
      Clifford Crone Middle School 20.3 mi Public 6-8 5 0
      Neuqua Valley High School 20.4 mi Public 9-12 5 0
      Scullen Middle School 20.5 mi Public 6-8 5 0
      Grande Park Elementary School 20.8 mi Public K-5 4 0
      Murphy Junior High School 20.9 mi Public 6-8 4 0
      Fry Elementary School 21.1 mi Public K-5 5 0
      Arlene Welch Elementary School 21.1 mi Public K-5 4 0
      Danielle-joy Peterson Elementary School 21.2 mi Public K-5 5 0
      Reed-custer High School 21.9 mi Public 9-12 3 0
      Reed-custer Middle School 22.0 mi Public 6-8 4 0
      Bednarcik Junior High School 22.1 mi Public 6-8 4 0
      Wolfs Crossing Elementary School 22.3 mi Public K-5 4 0
      White Eagle Elementary School 22.4 mi Public K-5 5 0
      Homestead Elementary School 22.5 mi Public K-5 4 0
      The Wheatlands Elementary School 23.2 mi Public K-5 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Will County, IL
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.