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Will County Gazette

Monday, November 25, 2024

New Lenox home prices rise in January 2018

Re 11

The median sale price of a home sold in January 2018 in New Lenox rose by $17,500 while total sales decreased by 22.9%, according to BlockShopper.com.

In January 2018, there were 37 homes sold, with a median sale price of $240,000 - a 7.9% increase over the $222,500 median sale price for the same period of the previous year. There were 48 homes sold in New Lenox in January 2017.

The median sales tax in New Lenox for the most recent year with available data, 2017, was $6,632.10, approximately 2.8% of the median home sale price for January 2018.

The following table compares New Lenox to other Will County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
River Edge Estates10-$370,000$0-
Graver Country Estates110%$351,250$313,00012.2%
Homer Glen2242-47.6%$320,000$290,00010.3%
Manhattan811-27.3%$314,500$300,6624.6%
Plainfield4369-37.7%$241,500$249,000-3%
New Lenox3748-22.9%$240,000$222,5007.9%
Tinley Park8714.3%$235,750$355,000-33.6%
Custer Park10-$230,000$0-
Channahon811-27.3%$225,500$185,00021.9%
Shorewood1122-50%$220,000$183,50019.9%
Peotone46-33.3%$217,500$147,50047.5%

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