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McLean County Times

Friday, April 19, 2024

New Lenox home prices rise in the second half of 2019

Realestate2

The median sale price of a home sold in the second half of 2019 in New Lenox rose by $14,950 while total sales increased by 5.5%, according to BlockShopper.com.

From July through December of 2019, there were 288 homes sold, with a median sale price of $279,950 - a 5.6% increase over the $265,000 median sale price for the same period of the previous year. There were 273 homes sold in New Lenox in the second half of 2018.

The median sales tax in New Lenox for the most recent year with available data, 2018, was $7,007, approximately 2.5% of the median home sale price for the second half of 2019.

The following table compares New Lenox to other Will County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Homer Glen150178-15.7%$331,250$333,000-0.5%
Tinley Park575014%$310,000$298,5003.9%
Lincoln Estates51400%$300,000$220,00036.4%
Mokena1421336.8%$295,000$281,5004.8%
Plainfield4013854.2%$282,000$280,0000.7%
New Lenox2882735.5%$279,950$265,0005.6%
Manhattan1221174.3%$266,872$257,0003.8%
Aurora106129-17.8%$254,500$190,00033.9%
Wheatland Plains220%$247,500$289,250-14.4%
Shorewood1641509.3%$242,500$249,900-3%
Willowbrook151225%$240,000$239,7500.1%

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