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Featured local agent — Joy, IL
Sarah Mitchell
Compass Real Estate · Joy, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Joy, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$78,500median sale price
How is the Joy, IL housing market right now?
The median home sale price in Joy, IL is $78,500. Homes sell in an average of 19 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Joy a buyer's or seller's market?
Joy, IL is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
19
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
104.7%
Above asking
What does the Joy housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $78,500 |
| Average days on market | 19 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 104.7% |
| Median price per sq ft | $88/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Joy by property type?
How the Joy, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $78,500 | $88/sq ft | 1 | 19 days |
| Townhouse | $78,000 | $47/sq ft | 1 | 27 days |
Source: Redfin · Updated monthly
The Joy housing market is currently classified as a strong seller's market with a median sale price of $78,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 19 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Joy
There are currently 1 homes listed for sale in Joy, Illinois.
Active listings
1
Homes on market
Avg. days on market
19
Days until sale
Who lives in Joy?
Population
377
Median income
$64,583/yr
Median age
37.6 years
Owner-occupied
81.3%
College grads
5.9%
Avg commute
42.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Joy?
Zillow home value
$176,213
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Joy?
Joy is a community of approximately 0K residents with a median age of 37.6 years.The median household income is $64,583, which represents a working-class community with solid middle-income opportunities. 5.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 81.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 42.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Joy offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Joy?
1 schools tracked · 83 students
The largest public schools serving Joy, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mercer County ELC
Grades PK · 83 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Joy, IL?
Want a head-to-head view? Compare Joy side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Joy?
The median home sale price in Joy is $78,500, down 0.0% from last year.
How long do homes stay on market in Joy?
Homes typically spend 19 days on market before going under contract.
What is the median income in Joy?
The median household income is $64,583 per year.
Is Joy a buyer's or seller's market?
With 1.0 months of supply, Joy is currently a strong seller's market.
What is the Zillow home value estimate for Joy?
The Zillow Home Value Index (ZHVI) for Joy is $176,213, representing the typical home value in the area.
How much does a single-family home cost in Joy?
The median single-family home price in Joy, IL is $78,500 (about $88 per square foot).
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