New Lenox, IL Home Values & Market Trends
Real estate market trends reflect that there have been 438 transactions over the past year in New Lenox. The median value for residential home transactions that occurred over the previous year is $392,247.49. The number of current listings in New Lenox is 10, and the percentage of properties for sale in the city is 10.00%. New Lenox, IL currently has 44 properties in foreclosure, 2 bank owned properties, 7 properties headed for auction, and 10 properties for sale.
New Lenox, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60451 | $ 460,278 $ 166/sqft |
Housing Market Summary for New Lenox, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $420K | $364.9K | -13.12% |
| Median Sold Price | $379.8K | $364.9K | -3.91% |
| Homes For Sale | 7 | 6 | -14.29% |
| Homes Sold | 334 | 321 | -3.89% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Lenox, IL
Browse Homes in New Lenox, IL
New Lenox home values range from $64,748 to $2,919,959. The median estimated value of a home in New Lenox is $392,247.49. The median list price of a home is 474,900, and the total count of properties in the city is 12,298.
- Pre-ForeclosurePre-foreclosure homes account for 0.28% of all residential properties in New Lenox, IL with 60451 containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Lenox, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $555,389 in 60451 to the lowest home value of $233,823 in 60451.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Lenox, IL ranges from the highest value of $361,806 in 60451 to the lowest value of $237,519 in 60451. Bank owned homes and properties account for 0.02% of properties in New Lenox, IL. There is 1 zips within New Lenox, IL; 60451 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60451 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of New Lenox, IL. Auction homes and other auction properties account for 0.06% of all properties in New Lenox, IL. There is 1 zips within New Lenox, IL; of that zips, the median estimated home value for homes going to auction ranges from $456,762 in 60451 to the lowest value of $214,908 in 60451.
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