Why Live in Lemont
Established homes and historic Stephen Street storefronts bring an air of nostalgia to downtown Lemont. Upon digging the Illinois and Michigan Canal in the mid-19th century, workers struck fine grades of limestone later used to construct buildings in and around town, including Lemont’s Old Stone Church and the Chicago Water Tower. Today, Argonne National Laboratory, Citgo and other major employers support the locale of just under 18,000 people. “It’s an older suburban town with a lot of history,” says Erica Bialy, broker and Lemont branch manager with Team Village Realty. “A lot of the people living in Lemont have been here for a long time." “The village has a cute downtown setting where you can walk to different local restaurants, stores and such,” Bialy says. These eateries line Stephen, Main and Canal Streets, which are easily accessible thanks to ample parking options throughout the district. However, most residents shop for daily needs along State Street, the village’s main corridor for big-box stores and supermarkets. “People like that Lemont is not super commercialized,” Bialy says. For more expansive retail options, The Promenade Bolingbrook is a 6-mile trip northwest.
Home Trends in Lemont, IL
On average, homes in Lemont, IL sell after 30 days on the market compared to the national average of 51 days. The median sale price for homes in Lemont, IL over the last 12 months is $567,500, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$567,500
Median Single Family Sale Price
$625,000
Median Townhouse Sale Price
$525,388
Median 2 Bedroom Sale Price
$426,400
Average Price Per Sq Ft
$245
Number of Homes for Sale
73
Last 12 months Home Sales
294
Median List Price
$599,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
12%