Lemont Housing Market Update: Prices Up, Inventory Tight in Early 2026
Lemont, IL – March 17, 2026 – Home values and sale prices remain elevated, with limited inventory and steady demand shaping the local market.
The housing market in Lemont, IL remains active heading into spring, with rising values and relatively tight inventory shaping conditions for buyers and sellers.
Top takeaways
- Median sale price reached $574,000 in February 2026, up 40.9% year over year.
- Typical home value stands at $546,852, up 6.5% from a year ago.
- About 34 homes were listed for sale at the end of February.
- Homes are selling in roughly 69 days on average.
Prices and sales activity
According to Redfin, the median sale price in February 2026 was $574,000, with 13 homes sold during the month. Homes are taking about 69 days to sell on average, and most are closing slightly below list price. Redfin characterizes the market as somewhat competitive, with some properties receiving multiple offers.
Zillow’s latest data shows the average home value at $546,852 as of January 31, 2026, reflecting a 6.5% annual increase. The median list price in late February was $624,700, indicating sellers continue to test higher asking prices as the spring market begins.
Inventory snapshot
Zillow reported 34 homes for sale at the end of February, along with 12 new listings during the month. Limited supply continues to support pricing, though buyers appear more selective than in peak bidding-war periods.
Active listings show a mix of established single-family homes, townhomes and properties in sought-after neighborhoods such as Crystal Tree and Kelvin Grove, with price points ranging from the mid-$300,000s into the $600,000s and above.
What to watch this spring
With mortgage rates still influencing affordability, the pace of new listings in March and April will be key. If inventory expands, buyers could gain leverage; if not, sellers may continue to benefit from constrained supply.
Are you seeing more listings or stronger competition in your neighborhood this month?
Sources
https://www.redfin.com/city/29494/IL/Lemont/housing-market
https://www.zillow.com/home-values/25548/lemont-il/