Reedwood, Joliet, IL
Reedwood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Reedwood, Joliet, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Reedwood Neighborhood Overview
Reedwood is a residential neighborhood located in the southwest area of Joliet, Illinois. It offers residents a quiet, suburban atmosphere with convenient access to the broader amenities of the city. The community is characterized by its family-friendly environment and well-maintained homes.
Lifestyle & Amenities
Residents enjoy a lifestyle centered around local parks and nearby shopping centers. The neighborhood provides easy access to essential retail and dining options along Route 59 and near the Louis Joliet Mall. This balance offers both convenience and a sense of community for its inhabitants.
Real Estate Market
The real estate market in Reedwood features single-family homes with a Census median home value of $262,200. Current market data indicates an asking price per square foot of approximately $251, reflecting a stable and desirable housing sector within the Joliet area.
Schools & Education
Families in Reedwood are served by the highly regarded Plainfield Community Consolidated School District 202. The district is known for its strong academic programs and modern facilities. This access to quality education is a significant draw for those moving to the neighborhood.
Transportation & Connectivity
Reedwood benefits from excellent connectivity via major roadways like Interstate 55 and Route 59. These arteries provide straightforward commutes to employment centers in Joliet, Naperville, and beyond. The neighborhood's layout prioritizes easy vehicular access to the wider region.
Why Choose Reedwood
Choosing Reedwood means selecting a stable community with above-average median household incomes of $109,136 and access to top-tier schools. It is an ideal location for families and professionals seeking a peaceful suburban lifestyle without sacrificing convenience to urban amenities and major employment corridors.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Reedwood Market Data
| Metric | Value |
|---|---|
| Median Home Price | $262K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $109K |
| Homeownership Rate | 90.0% |
| Renter-Occupied | 10.0% |
| Rental Vacancy Rate | 11.4% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60431 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Reedwood, Joliet
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Reedwood, Joliet, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12