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Advertise here →New Lenox, IL · Market Data
New Lenox, Illinois real estate market data.
Real estate market data for New Lenox, IL (Will County) — Census median home value $377,500, county listing prices up about 5.5% over the past year.
New Lenox, IL is in Will County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 27,456, with a median household income of $133,071. Census data puts New Lenox's median home value at $377,500 (all owner-occupied homes); Will County's current median listing price runs $424,997, up about 5.5% over the past year.
At a glance
New Lenox market snapshot
Population
27,456
Median Household Income
$133,071
Median Home Value (city)
$377,500
Median Listing Price (Will County)
$424,997
Median Gross Rent
$1,244/mo
Price Trend (YoY)
+5.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why New Lenox
What makes New Lenox different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts New Lenox's median home value — across all owner-occupied homes, not just recent sales — at $377,500. Separately, Will County's current median listing price (via Realtor.com data, 2026-06-01) runs $424,997. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Will County's FHFA house price index shows a 4.6% annual change in 2025.
Population & Income
New Lenox has an estimated population of 27,456 and a median household income of $133,071, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
New Lenox's Census-reported median home value works out to about 2.8x the area's median household income, and median gross rent runs roughly 11% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
New Lenox FAQ
What are home values like in New Lenox, IL?
The Census Bureau's American Community Survey puts New Lenox's median home value at $377,500. Will County's current median listing price runs $424,997, up about 5.5% over the past year.
What is the population of New Lenox, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts New Lenox's population at approximately 27,456.
What's the median rent in New Lenox, IL?
The Census ACS estimates median gross rent in New Lenox at approximately $1,244 per month.
What is the median household income in New Lenox, IL?
Census ACS data puts the median household income in New Lenox at approximately $133,071.
Is the New Lenox housing market growing?
Will County's FHFA house price index shows a 4.6% annual change in 2025.
Is New Lenox, IL affordable relative to income?
Census ACS data puts New Lenox's median home value at about 2.8 times the median household income, with median gross rent equal to roughly 11% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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