Altos Market Data for Realtors

New Lenox, IL

Single-Family Homes

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New Lenox, IL

Fri Mar 29 2024
This week the median list price for New Lenox, IL is $498,193 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 34. Click here to stay informed with the New Lenox market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

New Lenox, IL

Fri Mar 29 2024
This week the median list price for New Lenox, IL is $498,193 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has increased to 34. Click here to stay informed with the New Lenox market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the New Lenox market.
Median List Price $498,193
Median Price of New Listings $567,404
Per Square Foot $187
Average Days on Market 116
Median Days on Market 74
Price Decreased 32%
Price Increased 15%
Relisted 12%
Inventory 34
Median Rent
Market Action 41
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,025,000 4,966 1 - 2.5 acres 5 4 22 1 0 94
$554,854 2,854 0.25 - 0.5 acre 4 2.8 2 1 1 84
$470,000 2,400 0.25 - 0.5 acre 3 2.5 0 0 2 63
$395,900 2,000 0.25 - 0.5 acre 3 2 27 0 0 21