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Will County Gazette

Sunday, November 24, 2024

New Lenox home prices fall in May 2019

Realestate4

The median sale price of a home sold in May 2019 in New Lenox fell by $4,750 while total sales decreased by 38.6%, according to BlockShopper.com.

In May 2019, there were 27 homes sold, with a median sale price of $268,000 - a 1.7% decrease over the $272,750 median sale price for the same period of the previous year. There were 44 homes sold in New Lenox in May 2018.

The median sales tax in New Lenox for the most recent year with available data, 2018, was $7,007, approximately 2.6% of the median home sale price for May 2019.

The following table compares New Lenox to other Will County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Spencer10-$363,000$0-
Homer Glen2229-24.1%$354,950$314,00013%
Plainfield5672-22.2%$315,500$275,00014.7%
Wheatland View10-$313,000$0-
Tinley Park1019-47.4%$291,500$335,000-13%
New Lenox2744-38.6%$268,000$272,750-1.7%
Manhattan1423-39.1%$264,524$253,7654.2%
Boula10-$260,000$0-
Cherry Hill40-$235,000$0-
Channahon910-10%$225,000$240,643.88-6.5%
Shorewood2324-4.2%$225,000$235,500-4.5%

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