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NEW LENOX, IL 60451

Real Estate Market Report  ·  Will County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
83
⇩ 4.6% vs 87 last year
Pending
46
55% pending ratio
Median Price
$514,500
⇧ 14.1% vs $451,100 last year
Average Price
$549,849
⇧ 11.4% vs $493,568 last year
Days on Market
46
⇩ 24.6% vs 61 days last year

Market Context

Population: 37,488  ·  Density: 575.4/mi²  ·  Median household income: $128,316

Typical home value: $351,519  ·  Homeownership: 93.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NEW LENOX, IL real estate market (60451) currently shows 83 active listings, with 46 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 46 days on market compared to 61 days last year.

The median listing price has risen 14.1% year-over-year, from $451,100 to $514,500.

Whether you are buying or selling in NEW LENOX, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 83 this year vs 87 last year
  • Days on market: 46 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $514,500 (+14.1% YoY)
  • Average: $549,849 (+11.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.8 miles — 849 listings ($361,942,517 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60451New Lenox, IL 604510.0 mi83$45,637,467$514,500$549,849
60433Joliet, IL 604334.3 mi30$7,932,990$247,750$264,433
60423Frankfort, IL 604236.6 mi63$41,295,492$637,400$655,484
60467Orland Park, IL 604677.3 mi62$37,900,104$443,450$611,292
60487Tinley Park, IL 604877.7 mi46$19,171,374$379,900$416,769
60436Joliet, IL 604368.5 mi43$10,302,198$229,200$239,586
60403Crest Hill, IL 604039.4 mi39$10,775,349$269,000$276,291
60477Tinley Park, IL 6047710.1 mi96$30,632,160$290,000$319,085
60443Matteson, IL 6044311.1 mi91$28,119,091$284,000$309,001
60439Lemont, IL 6043911.8 mi94$67,971,494$619,675$723,101
60478Country Club Hills, IL 6047812.1 mi96$20,031,264$199,000$208,659
60464Palos Park, IL 6046412.3 mi18$9,640,638$407,500$535,591
60431Joliet, IL 6043112.8 mi88$32,532,896$365,000$369,692

Frequently Asked Questions

How many homes are for sale in NEW LENOX, IL 60451?

As of January 2026, there are 83 active listings in NEW LENOX, IL (zip code 60451), compared to 87 the prior year.

What is the median home price in NEW LENOX, IL 60451?

The median listing price in NEW LENOX, IL 60451 is $514,500 as of January 2026, a 14.1% increase from $451,100 the prior year.

How long do homes stay on the market in NEW LENOX, IL?

Homes in NEW LENOX, IL 60451 spend an average of 46 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in NEW LENOX, IL 60451?

Based on current inventory and days-on-market data as of January 2026, NEW LENOX, IL 60451 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 61 days last year.

How much can I save on real estate commission in NEW LENOX, IL?

With SELL123.com's maximum 3% commission, sellers in NEW LENOX, IL 60451 save an estimated $10,290 compared to a typical 5% commission on the median listing price of $514,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.