Altos Market Data for Realtors

New Lenox, IL 60451

Single-Family Homes

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New Lenox, IL 60451

Sat Jul 05 2025
This week the median list price for New Lenox, IL 60451 is $524,495 with the market action index hovering around 50. This is less than last month's market action index of 53. Inventory has held steady at or around 46. 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.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

New Lenox, IL 60451

Sat Jul 05 2025
This week the median list price for New Lenox, IL 60451 is $524,495 with the market action index hovering around 50. This is less than last month's market action index of 53. Inventory has held steady at or around 46. 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.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the New Lenox market.
Median List Price $524,495
Median Price of New Listings $444,222
Per Square Foot $204
Average Days on Market 48
Median Days on Market 35
Price Decreased 37%
Price Increased 4%
Relisted 22%
Inventory 46
Median Rent
Market Action 50
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$889,450 4,725 0.5 - 1 acre 4 3.8 29 1 2 56
$565,286 2,755 - 4 3 22 2 2 35
$484,945 2,431 0.25 - 0.5 acre 3 2.5 16 1 3 24
$325,000 1,380 - 3 1.5 59 3 3 14