Lombard, IL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lombard, IL is $352,500, down 1.4% year-over-year. Homes sell in an average of 44 days with 109 active listings. The market is currently a seller's market.
$352,500median sale price
Is Lombard a buyer's or seller's market?
Lombard, IL is currently a seller's market, based on 2.9 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
38
Last 12 weeks
Days on market
44
Average pace
Active listings
109
2.9 months supply
Sale-to-list
99.5%
Below asking
Lombard, IL market data
| Metric | Value |
|---|---|
| Median sale price | $352,500 |
| Median list price | $369,000 |
| Year-over-year price change | -1.4% |
| Average days on market | 44 days |
| Active inventory | 109 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 99.5% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Lombard housing market is currently classified as a seller's market with a median sale price of $352,500. Prices have fallen 1.4% compared to last year, with homes spending an average of 44 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lombard
There are currently 109 homes listed for sale in Lombard, Illinois. The median listing price is $369K.
Active listings
109
Homes on market
Median list price
$369K
Avg. days on market
44
Days until sale
New this week
53
Newly listed
Top public schools in Lombard
13 schools tracked · 6,338 students
The largest public schools serving Lombard, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Glenbard East High School
Grades 9-12 · 2,264 students
Glenn Westlake Middle School
Grades 6-8 · 967 students
Madison Elementary School
Grades K-5 · 484 students
Westmore Elem School
Grades K-5 · 420 students
Wm Hammerschmidt Elem School
Grades K-5 · 391 students
Schafer Elem School
Grades K-5 · 352 students
Butterfield Elem School
Grades K-5 · 282 students
Manor Hill Elem School
Grades K-5 · 274 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Lombard?
The median home sale price in Lombard is $352,500, down 1.4% from last year.
How long do homes stay on market in Lombard?
Homes typically spend 44 days on market before going under contract.
Is Lombard a buyer's or seller's market?
With 2.9 months of supply, Lombard is currently a seller's market.
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