O'Neil Property Group
Live New Lenox listings updated daily from the MLS — plus what local buyers should know before making a move.
Under $400K is where the New Lenox search gets realistic options in both attached and detached housing. This band picks up Windemere’s larger single-family homes, entry-level detached homes in communities like Laraway Ridge, the top of the attached market — including Thunder Ridge townhomes and units approaching Lennar’s new Lakes Park townhome pricing — and older resale homes scattered through the village’s 1970s—1990s core. You’re still shopping below the village median, which means competition from every direction: first-time buyers stretching up, downsizers stepping sideways, and investors. The homes that show well and price right at this number rarely last a second weekend.
Looking for help narrowing down your search? Call or text Kealan at 630-381-4995 for a personalized list of homes that match your budget and priorities.
Active listings pulled directly from the MLS.
Expect three-bedroom detached homes roughly 1,200 to 1,800 square feet from the 1970s through the 1990s, plus newer and larger townhomes — some pushing 1,800 square feet with two-car garages. In Windemere, single-family homes have recently listed in the high $300s to low $400s. Kitchens and baths dictate the price within this band more than square footage does: an updated 1,400-square-foot home routinely outsells a dated 1,800-square-foot one. Most homes here pre-date the SSA era, but verify the full tax bill on anything newer.
The steadiest under-$400K supply comes from Windemere’s single-family sections and the village’s older subdivisions, with Laraway Ridge recently producing listings from the mid $300s. On the attached side, Thunder Ridge townhomes have traded in the high $300s to mid $400s, and Lakes Park’s new Traditional Townhomes start just below $400K — a real option if you’d rather buy new at this number than renovate. South-side locations put you near the Laraway Road Metra station; central locations favor the Rock Island line and the Commons.
Conventional financing with as little as 5% down is common in this band, FHA remains an option, and IHDA assistance can still apply for eligible buyers. If you’re weighing an older resale against a new Lakes Park townhome at the same monthly payment, compare the full picture: the resale usually wins on lot and location, the new build on mechanicals, warranty, and insurance costs. And always verify the tax bill — two homes at the same list price can carry meaningfully different bills.
This is the most-shopped band in New Lenox — it sits below the median in a market where more than half of sales have closed at or above list price. Expect competition on anything clean and correctly priced, and use price-cut listings (roughly a fifth of the market takes one) as your negotiation opportunities. Pre-approval in hand and same-day showings are the baseline here.
Whether you are just starting your search or ready to schedule a showing, Kealan O’Neil is here to help you every step of the way.
