New Lenox home prices rise in October 2020

Medium realestate5

The median sale price of a home sold in October 2020 in New Lenox rose by $10,000 while total sales increased by 41.9%, according to

In October 2020, there were 61 homes sold, with a median sale price of $290,000 - a 3.6% increase over the $280,000 median sale price for the same period of the previous year. There were 43 homes sold in New Lenox in October 2019.

The median sales tax in New Lenox for the most recent year with available data, 2019, was $7,171, approximately 2.5% of the median home sale price for October 2020.

The following table compares New Lenox to other Will County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Homer Glen422290.9%$340,500$322,4505.6%
Lincolnwood Hills10-$325,000$0-
Graver Country Estates21100%$317,500$359,500-11.7%
New Lenox614341.9%$290,000$280,0003.6%
Wheatland Plains21100%$249,950$250,000-0%
Frankfort Square1012-16.7%$234,950$210,00011.9%

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