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Saturday, April 4, 2020

New Lenox home prices fall in the first half of 2018

Real Estate

By Local Labs News Service | Jul 14, 2018

Re 9

The median sale price of a home sold in the first half of 2018 in New Lenox fell by $2,200 while total sales decreased by 23.2%, according to BlockShopper.com.

From January through June of 2018, there were 218 homes sold, with a median sale price of $255,000 - a 0.9% decrease over the $257,200 median sale price for the same period of the previous year. There were 284 homes sold in New Lenox in the first half of 2017.

The median sales tax in New Lenox for the most recent year with available data, 2017, was $6,632, approximately 2.6% of the median home sale price for the first half of 2018.

The following table compares New Lenox to other Will County cities with similar median sales prices in the first half of 2018:

City
Jan. - June 2018 Home Sales
Jan. - June 2017 Home Sales
% change (Total Home Sales)
Jan. - June 2018 Median Sales Price
Jan. - June 2017 Median Sales Price
% change (Median Sales Price)
Homer Glen
135
181
-25.4%
$310,000
$312,000
-0.6%
Tinley Park
59
57
3.5%
$289,900
$250,000
16%
Spencer
1
12
-91.7%
$280,900
$328,148
-14.4%
Plainfield
346
404
-14.4%
$280,000
$259,200
8%
Mokena
104
142
-26.8%
$263,500
$285,000
-7.5%
New Lenox
218
284
-23.2%
$255,000
$257,200
-0.9%
Minooka
7
17
-58.8%
$255,000
$249,900
2%
Lincoln Estates
5
1
400%
$250,000
$228,000
9.6%
Aurora
101
124
-18.5%
$248,000
$181,375
36.7%
Manhattan
103
126
-18.3%
$247,500
$242,500
2.1%
Willowbrook
12
27
-55.6%
$242,500
$195,000
24.4%

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