Business & Tech

Lemont Real Estate Market Ranks Among Most Expensive in Illinois

The average four-bedroom, two-bathroom home in Lemont sells for $458,876, a new report from Coldwell Banker shows.

The real estate market in Lemont currently ranks among the most expensive in Illinois, according to a recent report from Coldwell Banker.

Lemont's average home listing price for a four-bedroom, two-bathroom house comes in at $458,876, the report finds.

Of the 139 real estate markets reviewed in Illinois, Lemont ranked as the 15th most expensive market. Kankakee ($86,621) led the list as the most affordable market, while the report identified Lake Forest ($753,593) as the state’s most expensive market.  

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The average home listing in Lemont ranked higher than all of its surrounding communities. The report found the average price to be $395,918 in Darien, $360,758 in Homer Glen, $267,559 in Bolingbrook and $204,990 in Romeoville.

The overall state average for four-bedroom, two-bathroom homes in Illinois was $301,258, which is slightly higher than the national average of $293,251.

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Coldwell Banker put together its 2011 Home Listing Report by surveying average home listing prices in 2,300 North American housing markets between September 2010 and March 2011. All data was taken from listings on www.coldwellbanker.com.

For the complete report, which lists national figures as well, click HERE.

Here’s how the rest of the surrounding area rated:

Rank Community Average Price 1 Romeoville $204,990 2 Montgomery $213,477 3 Minooka $221,384 4 Yorkville $249,339 5 Plainfield 257,870 6 Shorewood $263,427 7 Oswego $267,414 8 Bolingbrook $267,559 9 Channahon $283,943 10 Darien $395,,918 11 Naperville $412,987 12 Lemont $458,876

Editor's Note: The chart includes only those communities in Patch's Southwest Chicago region.


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