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NEW LENOX, IL 60451

Real Estate Market Report  ·  Will County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The NEW LENOX, IL real estate market (60451) currently shows 167 active listings, with 102 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 33 days last year.

The median listing price has fallen 0.8% year-over-year, from $492,400 to $488,675.

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 Context

Market Context

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

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

Market Overview

Active Listings
167
⇧ 35.8% vs 123 last year
Pending
102
61% pending ratio
Median Price
$488,675
⇩ 0.8% vs $492,400 last year
Average Price
$534,297
⇩ 0.9% vs $539,416 last year
Days on Market
31
⇩ 6.1% vs 33 days last year

Price Per Square Foot

Median $/sqft
$223
⇧ 7.7% vs $207/sqft last year
Median Home Size
2,096 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 167 this year vs 123 last year
  • Days on market: 31 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $488,675 (-0.8% YoY)
  • Average: $534,297 (-0.9% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.8 miles — 921 listings ($407,912,979 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60451New Lenox, IL 604510.0 mi88$49,007,904$510,771$556,908
60433Joliet, IL 604334.3 mi31$7,668,687$242,450$247,377
60423Frankfort, IL 604236.6 mi77$54,908,931$659,450$713,103
60467Orland Park, IL 604677.3 mi61$40,818,943$534,950$669,163
60487Tinley Park, IL 604877.7 mi55$24,268,475$437,400$441,245
60436Joliet, IL 604368.5 mi53$12,791,815$221,750$241,355
60403Crest Hill, IL 604039.4 mi39$10,695,477$274,925$274,243
60477Tinley Park, IL 6047710.1 mi118$38,314,246$305,000$324,697
60443Matteson, IL 6044311.1 mi90$28,288,980$279,700$314,322
60439Lemont, IL 6043911.8 mi100$75,465,100$677,180$754,651
60478Country Club Hills, IL 6047812.1 mi95$20,677,605$216,100$217,659
60464Palos Park, IL 6046412.3 mi22$12,099,428$397,500$549,974
60431Joliet, IL 6043112.8 mi92$32,907,388$349,973$357,689

Frequently Asked Questions

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

As of June 2026, there are 167 active listings in NEW LENOX, IL (zip code 60451), compared to 123 the prior year.

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

The median listing price in NEW LENOX, IL 60451 is $488,675 as of June 2026, a 0.8% decrease from $492,400 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 31 days on the market before going under contract, compared to 33 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 June 2026, NEW LENOX, IL 60451 is currently a Balanced Market. Inventory has increased compared to last year, with 44 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 33 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 $9,774 compared to a typical 5% commission on the median listing price of $488,675. 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.