Photo: Nlpictures · Public domain317 homes sold in New Lenox in the last year, at a typical $465K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Lenox homes are listed.
Every place New Lenox homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Lenox.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
8% of New Lenox’s sales are condos, at $239K less than a house
254 houses and 25 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.
typical sale · 254 sold in 12 months
- Per square foot
- $203IL $180
- Days to sell
- 52
- Sold over asking
- 33%
- Listings with a price cut
- 19%
typical sale · 25 sold in 12 months
- Per square foot
- $208IL $251
- Days to sell
- 47
- Sold over asking
- 24%
- Listings with a price cut
- 20%
Townhouses: 38 sold, typical $371K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 1.7 times the 2016 price
317 sales in the last year, against 522 in 2020 and a low of 248 in 2012. The typical sale went from $268K in 2016 to $465K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in New Lenox
Check a listing against what New Lenox homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New Lenox are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of New Lenox’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 317 sales.
If you’re buying in New Lenox
- Shop in March. It brings about 46 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
- Less room to haggle. Only 15% of listings cut their price, against 24% before the pandemic.
- Bid near asking. Buyers paid 99.7% of the list price on average; 32% paid over.
- Move fast on good ones. 55% of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 53 a month), and the most competition: 31% close over asking. March and April offer nearly as much choice with fewer homes bid up (24%). February has the least competition (19%) but only about 31 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Illinois
| New Lenox now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 32% | 15% | 44% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 55% | 37% | 63% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 15% | 24% | 24% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.7% | 98.2% | 99.8% | 99.2% |
| Days to sellMedian days from listing to contract | 50 | 66 | 12 | 49 |
75 homes for sale on a typical day
That’s twice the 2021 low (39), 37% fewer than in 2017–19 and well under 2012’s 147.
1 in 7 listings has cut its price
15% in the last year, against 24% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 52%, condos 61%
A house typically sold for $490K in the last year (254 sales), a condo for $250K (25).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
New Lenox ranks 235th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New Lenox is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New Lenox home costs about $3,325 a month
Price: New Lenox’s typical sale, last 12 months. Property tax at New Lenox’s 2.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Lenox is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 17.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $465K home, about $10,780 a year.
Taxes vs. neighborsSchools
The schools grade for New Lenox, from test results, graduation and how much students grow.
Schools in New LenoxTypical commute
The average one-way trip to work for people who live in New Lenox.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Ingalls Park, Preston Heights and Manhattan sell for less a square foot
The busier markets within 25 miles of New Lenox, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lockport | 384 | $356K | $205 | 32% | 55 |
| New Lenox | 317 | $465K | $204 | 32% | 50 |
| Frankfort | 256 | $607K | $204 | 27% | 58 |
| Mokena | 221 | $451K | $198 | 42% | 54 |
| Manhattan | 184 | $397K | $180 | 28% | 56 |
| Ingalls Park | 37 | $232K | $188 | 49% | 55 |
| Preston Heights | 36 | $228K | $175 | 39% | 78 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Lenox, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Lenox. People who follow the town see it, and so do people comparing New Lenox with their own town. No commission, no listing fee.
Questions about buying a home in New Lenox
What do homes sell for in New Lenox, IL?
317 homes sold in the year to May 2026 at a typical $465K, $204 a square foot. Houses sold for about $490K, condos for about $250K.
Is New Lenox a buyer’s or seller’s market?
A seller’s market: 93 homes were for sale in May 2026 and 26 sold, about 3.6 months of supply. Buyers paid 99.7% of asking on average, and 15% of listings cut their price.
When is the best time to buy in New Lenox?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New Lenox?
About 2.3% of a home’s value a year. On a $465K home that’s near $10,780.
Where can I see homes for sale in New Lenox?
Zillow, Redfin, Realtor.com and Homes.com all carry New Lenox’s MLS listings; the search links above open each one filtered to New Lenox.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).