Lemont, IL 60439 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lemont, IL—60439

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$584,000

7.4% YoY Growth

Household Income

$133,000

41.7% YoY Growth

Days on Market

19.0% Longer YoY

Home Price Forecast

0.9%

Median Rent

$2,350

11.7% YoY Growth

1-Bed Rent

$1,300

9.7% YoY Growth

2-Bed Rent

$1,950

24.2% YoY Growth

3-Bed Rent

$2,700

2.4% YoY Growth

Home Price Trends — Lemont, IL

As of May '26, the median home price in Lemont, IL is $584,000, with a year-over-year change of 7.4%. This indicates that home prices in Lemont, IL are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$584,000	7.4%
Single Family	$593,000	7.4%
Condos	$314,000	-1.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lemont, IL

As of July '25, Rentcast reports the average rent in Lemont, IL is $2,500, with a year-over-year rent change of -11.7%. Per bedroom, the median rent as of July '25 in Lemont, IL is studios: $1,150, 1-bedrooms: $1,300, 2-bedrooms: $2,360, 3-bedrooms: $2,790, 4-bedrooms: $5,000. The most common rental property sizes in Lemont, IL are 2-bedroom and 1-bedroom, accounting for 32.0% and 28.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,350	$2,500
Studio Rent	$1,150	$1,150
1 Bed Rent	$1,300	$1,300
2 Bed Rent	$1,950	$2,360
3 Bed Rent	$2,700	$2,790
4 Bed Rent	$5,000	$5,000

Loading chart...

% of Rental Stock

Studio

13.3%

1 Bedroom

28.6%

2 Bedrooms

32.0%

3 Bedrooms

16.2%

4 Bedrooms

1.0%

5+ Bedrooms

8.9%

Property Listings — Lemont, IL

As of May '26, Realtor.com reports that the median days on market for a home in Lemont, IL is 38. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$690,000	10.0%
Listing Count	106	-14.0%
Listings as % of Homes	0.7%	-14.0%
Days on Market	38	19.0%

Loading chart...

Demographics — Lemont, IL

As of the latest ACS Survey released in 2023, Lemont, IL has a population of 24,300, which has increased by 3.6% over the past 5 years. Lemont, IL is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 44.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,300	3.6%
% Under 18	23.2%	6.4%
% Seniors	20.9%	6.1%
% WFH	14.8%	114.5%
% w/ College Degree	44.7%	12.9%

Loading chart...

As of the latest ACS Survey released in 2023, Lemont, IL is a predominantly white area, with 85.7% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Lemont, IL is hispanic, making up 9.6% of the population. Foreign-born residents account for 15.6% of the population in Lemont, IL, and this percentage has increased by 8.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	85.7%	-2.8%
% Black	1.1%	0.0%
% Hispanic	9.6%	47.7%
% Asian	2.0%	-28.6%
% Foreign Born	15.6%	8.3%

Loading chart...

Mortgage and Risk — Lemont, IL

According to HUD data as of 2023, there were 386 mortgage originations in Lemont, IL, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Lemont, IL. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	386
% Conventional Loans	97.0%
% Government Loans	3.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

Loading chart...

Rentals and Section 8 — Lemont, IL

As of 2024, the percent of homes in Lemont, IL under the Section 8 program is 0.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Lemont, IL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	4
Total Units Section 8	4
% Rentals under Section 8	0.3%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$150	$1,300	$1,450
2 Bedroom	-$310	$1,950	$1,640
3 Bedroom	-$590	$2,700	$2,110
4 Bedroom	-$2,530	$5,000	$2,470

Lemont, IL—60439

Key Metrics at a Glance

Home Price Trends — Lemont, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lemont, IL

% of Rental Stock

Property Listings — Lemont, IL

Demographics — Lemont, IL

Race and Ethnicity

Mortgage and Risk — Lemont, IL

Mortgages

Rentals and Section 8 — Lemont, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lemont, IL

Home Price to Income Ratio

Lemont, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Darien, IL

Homer Glen, IL

Willowbrook, IL

Woodridge, IL

Downers Grove, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.7
Median Home Price	$584,000
Median Household Income	$133,000

Lemont, IL—60439

Key Metrics at a Glance

Home Price Trends — Lemont, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lemont, IL

% of Rental Stock

Property Listings — Lemont, IL

Demographics — Lemont, IL

Race and Ethnicity

Mortgage and Risk — Lemont, IL

Mortgages

Rentals and Section 8 — Lemont, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Lemont, IL

Home Price to Income Ratio

Lemont, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Darien, IL

Homer Glen, IL

Willowbrook, IL

Woodridge, IL

Downers Grove, IL

Frequently Asked Questions

What is the average home price in Lemont, IL 60439?

How have home prices in Lemont, IL 60439 changed over the past year?

What is the home price projection for Lemont, IL 60439?

What are the demographics of Lemont, IL 60439?

How long does it take homes to sell in Lemont, IL 60439?

What is the average rent price in Lemont, IL 60439?