Southwest Suburbs Market Report | November 2026

How’s the Market in New Lenox?

The median sale price of a home in New Lenox was $429,795 for the three months ending September 2026, down 4.9% from the same stretch last year, according to Redfin. Homes took a median of 53 days to sell, 6 days longer than a year ago, and 112 homes sold in September.

New Lenox at a glance

$429,795

Median sale price

Down 4.9%

vs. last year

Median days on market

112

Homes sold in Sept.

In plain English: prices have eased a little here and homes are taking a bit longer. Here’s how our neighbors are doing.

Town-by-town snapshot (three months ending September 2026)

Town

Median sale price

Change vs. last year

Median days on market

Homes sold in Sept.

New Lenox

$429,795

▼ Down 4.9%

53 (was 47)

112

Frankfort

$678,677

▲ Up 10.2%

48 (was 62)

Mokena

$425,297

▼ Down 9.1%

47 (was 46)

Lockport

$381,968

▲ Up 11.9%

54 (was 51)

132

Orland Park

$399,310

▲ Up 6.2%

50 (was 54)

259

Source: Redfin, data through September 2026.

What I’m seeing: A median moves with the mix of homes that sold, so a 9% dip in Mokena doesn’t mean every house there lost 9%. The bigger story across all five towns: homes are still selling close to asking (98.1% to 99.8% of list price), but about 1 in 4 listings took a price cut, and nearly 1 in 3 in Frankfort. Pricing it right on day one matters more than it did a year ago.

How much does a 1% listing fee save?

Illustrative example, not a client story.

Say you sell in New Lenox at the town median of $429,795, and compare a 1% listing fee with a 2.5% listing fee:

2.5% listing fee: $429,795 x 0.025

$10,745

1% listing fee: $429,795 x 0.01

$4,298

You keep:

$6,447

The same math at each town’s median: Frankfort $10,180, Mokena $6,379, Orland Park $5,990, Lockport $5,730.

Commissions are always negotiable, and the 2.5% figure is just for comparison. With 1% Lists you still get full service: pricing, marketing, showings, negotiation and closing.

❄ November tip

Shut off your outside faucets before the first hard freeze

Disconnect your garden hoses, close the indoor shut-off valve for each outside faucet, then open the outside faucet to let it drain. A burst pipe in the wall is a miserable way to start winter!