Lemont is a mid-sized community of roughly 17,000 residents in Illinois, with a price point above the national middle.
| State | Illinois |
|---|---|
| Population | 17,000 |
| Median home value | $420,000 |
| Active listings | 96 |
| Median across Illinois communities we track | $355,000 |
The Lemont housing market
At $420,000, the median home value sits about 18% above the median of the 117 communities we track in Illinois.
Roughly 96 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want.
Search homes in Lemont
Current listings for Lemont are maintained on the following sites:
- Homes for sale in Lemont — lemonthomesforsale.com
- Real estate in Lemont — lemontrealestate.com
These are external sites operated independently of 1PropertyHub. We do not control their listings, pricing, or availability, and we are not a party to any transaction arising from them.
Buying in Lemont
At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from.
Before you make an offer, work out what the monthly payment actually looks like at this price level. Our mortgage calculator includes property tax, insurance, and mortgage insurance rather than just principal and interest, and the affordability calculator solves backwards from your income to a purchase price a lender would support. If you are weighing a purchase against continuing to rent, the rent vs buy calculator accounts for transaction costs on both ends.
Investing in Lemont
For rental investors, the questions here are rent-to-price ratio, the property tax burden, insurance cost, and the depth of the tenant pool at this population size. Underwrite with honest vacancy, management, maintenance, and capital reserves rather than rent minus mortgage — see our cash flow calculator and the rental underwriting guide. Verify short-term rental rules with the municipality before assuming any STR strategy will be permitted.
Nearby communities in Illinois
- Bridgeview, IL
- Hinsdale, IL
- Palos Hills, IL
- Prospect Heights, IL
- Cary, IL
- Franklin Park, IL
- North Aurora, IL
- Brookfield, IL
Frequently asked questions
What is the median home value in Lemont, IL?
The median home value in Lemont is approximately $420,000. At $420,000, the median home value sits about 18% above the median of the 117 communities we track in Illinois. Values move with the market and vary widely by neighborhood, condition, and lot — treat this as a starting point and verify against recent closed sales before pricing an offer.
How many homes are for sale in Lemont?
There were roughly 96 active listings at last count. Roughly 96 active listings at last count. That is enough to compare alternatives but not enough to be casual about a property you actually want. For current inventory, see Homes for sale in Lemont, Real estate in Lemont.
What should I know before buying in Lemont?
At this level, the appraisal is worth watching. Contract prices in appreciating submarkets regularly run ahead of the closed sales an appraiser has to work from. Beyond the property itself, confirm the property tax rate and any exemptions with the county assessor, and get an insurance quote before you are under contract — both vary far more by location than buyers expect. Our Illinois state guide covers closing practice and property law.