Lemont, IL Home Values & Market Trends

Real estate market trends reflect that there have been 312 transactions over the past year in Lemont. The median value for residential home transactions that occurred over the previous year is $465,065.21. The number of current listings in Lemont is 5, and the percentage of properties for sale in the city is 5.00%. Lemont, IL currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 5 properties for sale.

Lemont, IL Real Estate Market Overview

ZipMedian Est. Value
60439

$ 299,873

$ 187/sqft

Housing Market Summary for Lemont, IL

Mar 2023February 2024Change
Median Listing Price$375K$455.8K21.53%
Median Sold Price$475K$455.8K-4.05%
Homes For Sale94-55.56%
Homes Sold22225313.96%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lemont, IL

Lemont home values range from $28,740 to $1,972,301. The median estimated value of a home in Lemont is $465,065.21. The median list price of a home is 339,900, and the total count of properties in the city is 8,471.

Foreclosure
There is 1 zips within Lemont, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $1,085,166 in 60439 to the lowest value of $403,250 in 60439. Foreclosure homes account for 0.00% of properties in Lemont, IL with 60439 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Lemont, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lemont, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lemont, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lemont, IL. There is 1 zips within Lemont, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60439 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Lemont, IL. Auction homes and other auction properties account for 0.05% of all properties in Lemont, IL. There is 1 zips within Lemont, IL; of that zips, the median estimated home value for homes going to auction ranges from $1,085,166 in 60439 to the lowest value of $403,250 in 60439.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.06% of residential properties in Lemont, IL with 60439 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lemont, IL; homes for sale in that zips, have a range of median values from $840,000 in 60439 to the lowest value of $197,156 in 60439.
    Sold Homes
    The median value for recently sold homes ranges from $1,522,949 in 60439 to the lowest price of $38,649 in 60439. There is 1 zips within Lemont, IL. 60439 has 249 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.94% of properties in Lemont, IL.

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      Guide for Lemont, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Recently Listed Homes Lemont, IL

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