McLean County Times

McLean County Times

Thursday, February 27, 2020

New Lenox home prices rise in the second half of 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

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:

City
July - Dec. 2019 Home Sales
July - Dec. 2018 Home Sales
% change (Total Home Sales)
July - Dec. 2019 Median Sales Price
July - Dec. 2018 Median Sales Price
% change (Median Sales Price)
Homer Glen
150
178
-15.7%
$331,250
$333,000
-0.5%
Tinley Park
57
50
14%
$310,000
$298,500
3.9%
Lincoln Estates
5
1
400%
$300,000
$220,000
36.4%
Mokena
142
133
6.8%
$295,000
$281,500
4.8%
Plainfield
401
385
4.2%
$282,000
$280,000
0.7%
New Lenox
288
273
5.5%
$279,950
$265,000
5.6%
Manhattan
122
117
4.3%
$266,872
$257,000
3.8%
Aurora
106
129
-17.8%
$254,500
$190,000
33.9%
Wheatland Plains
2
2
0%
$247,500
$289,250
-14.4%
Shorewood
164
150
9.3%
$242,500
$249,900
-3%
Willowbrook
15
12
25%
$240,000
$239,750
0.1%

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