How much is a home in 60431 worth?

The typical home value in 60431 is $354,321, up 2.5% over the past year.

How fast are homes selling in 60431?

Homes in 60431 are spending a median of 31 days on the market. There are currently 58 homes for sale.

Are sellers cutting prices in 60431?

Yes, 20.0% of listings in 60431 have had a price cut. The median list price is $384,633.

Market Intelligence · IL / Joliet

Joliet, IL 60431 Housing Market

The typical home value in Joliet's 60431 ZIP code is $354,321, up 2.5% over the past year. Homes are currently listed at a median price of $384,633, and properties are spending a median of 31 days on the market before selling.

Updated August 2026Median value$354K

The median home value in Joliet, IL 60431 is $354K as of August 2026, up 2.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 60431 range

$326K to $383K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.5% over 12 months

Aug 2025$346K

Low $346KHigh $354K

Aug 2026$354K

The numbers

What is the 60431 housing market like?

As of August 2026

Typical home value

$354K

2.5%YoY

Median list price

$385K

0.1%MoM

Days on market

19.2%MoM

Homes for sale

18.4%MoM

Price cuts

20.0%

2.0%MoM

New listings

50.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 60431 home prices compare?

60431$354,321
Joliet$229,978
Illinois$197,608
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Joliet: 5 ZIPs; Illinois: 1,084 ZIPs; United States: 26,265 ZIPs).

Context

Home values in 60431 sit at $354,321, with a 2.5% gain over the past year, a sign of steady rather than rapid appreciation. Sellers are listing at a median of $384,633, which is above the typical value, and homes are moving in a median of 31 days. There are 58 homes for sale, with 48 new listings coming to market. About 20.0% of current listings have taken a price cut. For a seller, the data suggests demand is holding up, but pricing realistically from the start matters more than testing the top of the market.

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