Real Estate Market Update for Lemont, IL
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Welcome to June's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 7% from one year earlier, and up 10% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 26%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 280-thousand dollars. The number of units sold decreased 12% year-over-year, and increased 10% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Lemont, IL
Area Information for Lemont, IL
  • Population: 16,054
  • Median Age: 41.65 yr
  • Median Commute Time: 31.12 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 2,015/sq mi
  • Population Change Since 2000: 16.18%
  • Closest Airport: Chicago Midway International
  • Closest College: Lewis University
  • Closest Jr. College: Moraine Valley Community College
  • Median Household Income: $89,768
  • Annual Residential Turnover: 13.2%
  • Median Years in Residence: 3.38 yr
  • Median Home Sales Price: $300,000
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lemont, IL
Median Age: 41.65 Married: 42% Number of Households: 5,764 Households with Children: 2,103
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Lemont, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Lemont Bridgepoint Academy 0.1 mi Private - 0 0
      St. Cyril & Methodius 0.4 mi Catholic PRESCHOOL-8 0 4
      Lemont Township High School 0.4 mi Public 9-12 4-5 4
      Timberline Knolls Academy 0.8 mi Private 6-12 0 0
      Oakwood School 1.0 mi Public PRESCHOOL-2 0 5
      River Valley School 1.2 mi Public 3-4 3 5
      Maironis Lithuanian School 1.3 mi Private PRESCHOOL-10 0 0
      Old Quarry Middle School 1.4 mi Public 5-8 4 3
      Mary Sears Childrens Academy 1.5 mi Private PRESCHOOL-K 0 0
      Kindercare Learning Center 2.0 mi Private PRESCHOOL-K 0 0
      Mount Assisi Academy 2.3 mi Catholic 9-12 0 4
      Montessori Elementary School Of Southwest Cook Cty 2.5 mi Private PRESCHOOL-8 0 0
      St. Alphonsus - St. Patrick 2.7 mi Catholic PRESCHOOL-8 0 4
      Everest Academy 3.5 mi Catholic PRESCHOOL-8 0 4
      Kindercare Learning Centers 6.5 mi Private PRESCHOOL-K 0 0
      Pioneer Elementary School 7.0 mi Public K-5 4 5
      Wayne Builta Elementary School 7.9 mi Public K-5 4-5 4
      Liberty Elementary School 8.6 mi Public K-5 4 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2014
      Local Weather for Lemont, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.