Altos Market Data for Realtors

New Lenox, IL

Single-Family Homes

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New Lenox, IL

Sun Jul 06 2025
This week the median list price for New Lenox, IL is $522,145 with the market action index hovering around 54. This is an increase over last month's market action index of 52. Inventory has held steady at or around 40. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

New Lenox, IL

Sun Jul 06 2025
This week the median list price for New Lenox, IL is $522,145 with the market action index hovering around 54. This is an increase over last month's market action index of 52. Inventory has held steady at or around 40. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the New Lenox market.
Median List Price $522,145
Median Price of New Listings $498,000
Per Square Foot $207
Average Days on Market 44
Median Days on Market 21
Price Decreased 35%
Price Increased 5%
Relisted 18%
Inventory 40
Median Rent
Market Action 54
Strong Seller's Market

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
$899,950 4,765 1 - 2.5 acres 4 3.3 31 1 2 63
$570,093 2,728 - 4 2.5 16 1 4 38
$496,500 2,400 0.25 - 0.5 acre 4 2.5 25 4 2 21
$367,000 1,850 4,500 - 6,500 sqft 3 2 57 3 7 7