New Lenox, IL Real Estate
According to census data in the year 2000 there were 6,063 housing units in New Lenox.
This represents a 78.5% growth from 3,397 in 1990.
Of those housing units, 6,002 were located in either urbanized areas or urban clusters, and 61 were located in what is classified as a rural area.
Homeownership rate in New Lenox is about 90.1%.
New Lenox's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 3.02 people.
The majority of houses, apartments or condos in New Lenox were built after 1987.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 1.50% |
| Two Bedrooms | 23.30% |
| Three Bedrooms | 42.40% |
| Four Bedrooms | 29.50% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $180,000 |
| Median Price asked for vacant units | $216,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 12.50% |
| Simple Mortgage | 63.70% |
| Debt Free | 17.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
