Why Live in Lancaster Woods
Lancaster Woods in Tinley Park is a well-organized community located in the northeast corridor of one of Chicago's fastest-growing suburbs. The neighborhood features a variety of home styles, including ranch-style houses, modernized Victorians, split levels, and Contemporary custom builds, many with spacious yards, driveways, and garages. The area is known for its lush nature preserves such as St. Mihiel Woods East, Yankee Woods, and the George Dunne National Golf Course, offering residents ample opportunities for outdoor activities. Lancaster Woods Park and Robert Allen McAllister Park provide local green spaces for picnicking and leisurely walks. The neighborhood is served by highly rated schools, including Tinley Park High, which offers an Advanced Placement curriculum. Residents have access to shopping and dining options at Tinley Park Commons, featuring Jewel-Osco and Rubino's Italian Imports, as well as local eateries like Old Tinley Pub & Eatery and Mely's Mexican Cuisine. Commuting to downtown Chicago is convenient via Interstate 57 North, a 27-mile drive, or the Tinley Park Station, which offers commuter rail access to the city in under an hour. Lancaster Woods is noted for its lower-than-average property taxes compared to nearby suburbs, making it a practical choice for those seeking a quiet suburban lifestyle with easy access to urban amenities.
Home Trends in Lancaster Woods, IL
On average, homes in Lancaster Woods, Tinley Park sell after 38 days on the market compared to the national average of 52 days. The median sale price for homes in Lancaster Woods, Tinley Park over the last 12 months is $289,000, up 65% from the median home sale price over the previous 12 months.
Median Sale Price
$289,000
Median Single Family Sale Price
$362,450
Median Townhouse Sale Price
$272,500
Median 2 Bedroom Sale Price
$173,000
Average Price Per Sq Ft
$173
Number of Homes for Sale
1
Last 12 months Home Sales
24
Median List Price
$290,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
65%