Housing in 60451 New Lenox, IL is quite valuable with a median value of $345,800. This is slightly higher than the US housing median of $338,100 and indicates that home prices are on the rise in New Lenox. In fact, the one-year house appreciation in this area is 9.35%, which is higher than the national average one-year appreciation rate of 8.27%. This indicates that housing in 60451 New Lenox, IL can be an excellent investment for prospective buyers looking to maximize their return on investment.
The median home cost in New Lenox (zip 60451) is $345,800. Home appreciation the last 10 years has been 66.0%. Home Appreciation in New Lenox (zip 60451) is up 13.7%.
Average Age of Homes
- The median age of New Lenox (zip 60451) real estate is 26 years old
The Rental Market in New Lenox (zip 60451)
- Renters make up 10.7% of the New Lenox (zip 60451) population
- 0.4% of houses and apartments in New Lenox (zip 60451), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.