The story of this market
The typical home in ZIP 60451 sells for about $436,712, or $195 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,505 a month.
ZIP 60451 — New Lenox
The New Lenox housing market remains robust, characterized by high owner-occupancy rates and steady price appreciation driven by strong school districts and regional infrastructure investments. Demand continues to outpace supply, particularly for single-family homes, supported by the area's strategic location near major highway interchanges and the expanding medical corridor.
This ZIP is ideal for family buyers seeking high-quality school districts and suburban space, as well as professionals commuting to Chicago or the surrounding industrial and medical hubs.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 2.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 60451, Will County IL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
New Lenox is generally considered a safe, family-oriented community with crime rates significantly lower than the regional average for the Chicago metropolitan area.
The area is served by the highly-regarded Lincoln-Way Community High School District 210 and local elementary districts, which consistently receive strong performance ratings.
The area faces moderate risk from severe thunderstorms and occasional high winds, with standard flood insurance requirements for properties located in designated floodplain zones.
Economic momentum is driven by the expansion of the Crossroads Multi-Sports Complex and proximity to the Silver Cross Hospital medical campus, which serves as a major regional employer.
Property taxes in New Lenox are determined by the Will County assessment process, incorporating local school district, municipal, and special service area levies.
Residents benefit from direct access to the I-355 and I-80 corridors, providing efficient transit routes to downtown Chicago and the broader suburban employment hubs.
The area features extensive park systems, including the Sanctuary Golf Course and numerous local trails, alongside convenient retail and dining options along the Route 30 corridor.
The rental market is characterized by low vacancy rates and steady demand, driven by families seeking access to top-rated schools and proximity to regional medical facilities.
The local economy is anchored by the healthcare sector, led by Silver Cross Hospital, and supported by a mix of retail, professional services, and logistics industries due to highway access.
The area is well-connected via the I-355 and I-80 highway corridors, with Metra commuter rail service available in the village for transit to Chicago.
Development is focused on commercial expansion near the I-355 interchange and continued residential growth in the southern portions of the ZIP.
Parcels are subject to levies from Lincoln-Way Community High School District 210 and various local municipal and fire protection districts.
Property insurance premiums are stable but reflect regional exposure to severe weather events common in the Midwest.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major regional facility hosting youth and adult athletic events.
A premier local golf destination offering public play.
A major regional healthcare anchor and employer.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.