New Lenox Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $254,000
    2% ( $5,900 ) vs Oct 2013
  • Median Sales Price
    $248,000
    1% ( $2,000 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $166,000
    1% ( $1,000 ) vs Oct 2013
  • Foreclosures 131
    Homes for Sale 57
    Recently Sold 352

Market Summary

There are currently 131 properties in New Lenox, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 57.

In November, the number of properties that received a foreclosure filing in New Lenox, IL was 25% higher than the previous month and 50% lower than the same time last year.

Home sales for October 2014 were down 42% compared with the previous month, and down 52% compared with a year ago. The median sales price of a non-distressed home was $248,000. The median sales price of a foreclosure home was $166,000, or 33% lower than non-distressed home sales.

Sales Prices - New Lenox, IL




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$166,000 (Median Foreclosure Sales Price) $167,000 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $209,500 (Median Foreclosure Sales Price) $176,250 (Median Foreclosure Sales Price) $182,500 (Median Foreclosure Sales Price) $248,000 (Median Sales Price) $250,000 (Median Sales Price) $250,000 (Median Sales Price) $235,000 (Median Sales Price) $230,000 (Median Sales Price) $229,475 (Median Sales Price) $166,000 (Median Foreclosure Sales Price) $167,000 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $209,500 (Median Foreclosure Sales Price) $176,250 (Median Foreclosure Sales Price) $182,500 (Median Foreclosure Sales Price) $248,000 (Median Sales Price) $250,000 (Median Sales Price) $250,000 (Median Sales Price) $235,000 (Median Sales Price) $230,000 (Median Sales Price) $229,475 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Joliet
179
18.6
% (y-o-y)
$110,440
0.3
% (y-o-y)
17.6%
9.0
% (y-o-y)
Plainfield
132
35.0
% (y-o-y)
$200,000
8.1
% (y-o-y)
15.2%
13.3
% (y-o-y)
Orland Park
122
25.8
% (y-o-y)
$211,000
6.2
% (y-o-y)
30.7%
35.4
% (y-o-y)
Bolingbrook
96
12.9
% (y-o-y)
$165,000
5.7
% (y-o-y)
16.1%
18.1
% (y-o-y)
TINLEY PARK
93
8.8
% (y-o-y)
$190,000
0.0
% (y-o-y)
34.5%
25.3
% (y-o-y)
Lockport
66
40.5
% (y-o-y)
$214,500
11.4
% (y-o-y)
17.9%
21.0
% (y-o-y)
Romeoville
60
21.1
% (y-o-y)
$154,019
11.6
% (y-o-y)
31.0%
5.9
% (y-o-y)
Frankfort
45
0.0
% (y-o-y)
$272,500
0.0
% (y-o-y)
Data not available
Oak Forest
40
8.1
% (y-o-y)
$155,000
4.7
% (y-o-y)
34.7%
19.1
% (y-o-y)
Park Forest
38
9.5
% (y-o-y)
$38,000
8.4
% (y-o-y)
24.3%
27.7
% (y-o-y)

Local Info For New Lenox

Population:
23,946
Cost of Living Index: 110.51
Crime Index: 26.78     Rating: A View crime details
Schools: 12    Average School Rating: B+ View individual school rating
Household Median Income: $88,778
Unemployment: 5.80%
Percentage of vacant homes: 2.74%