New Lenox, IL 60451 - Real Estate Investment Insights & Performance Data

Welcome to our 60451 real estate data hub, tailored for investors in New Lenox, IL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 60451 in New Lenox, IL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WILL COUNTY.

Leverage our comprehensive, zip code-specific data to excel in New Lenox, IL real estate investing. Uncover the wealth of information available, and position yourself for success in the New Lenox property market.

• Location Overview

  • Zip Code: 60451
  • City: New Lenox
  • State: IL
  • Metro Area: Chicago-Naperville-Elgin, IL-IN-WI
  • County Name: WILL COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $358,587
  • Average Home Price (Single Family Homes): $362,321
  • Average Monthly Rental Price (All Types): Not Available
  • Price-to-Rent Ratio: Not Available
  • Zillow Projected % appreciation from 4/2023-4/2024: -1.2%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,460
  • Average 3 Bedroom Section 8 Rental Rates: $1,850
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.47
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.15
  • Number of Units Offered in Section 8 in the County: 1412
  • Number of Occupied Units in Section 8 in the County: 1281
  • Percentage of Section 8 Units Occupied in the County: 90.80000305%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 136.81
  • Total % Appreciation since 2000 (Government Data): 70.63
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 1%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 4.94%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.29%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.08%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 53.38%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.82%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 63.03%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%