Lombard, IL Housing Market & Real Estate

Seller's market-1.4% YoY

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?

Seller's market2.9 months of supply44 avg. days on 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

Current housing market statistics for Lombard, IL
MetricValue
Median sale price$352,500
Median list price$369,000
Year-over-year price change-1.4%
Average days on market44 days
Active inventory109 listings
Months of supply2.9 months
Sale-to-list price ratio99.5%
Market conditionSeller'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

Price drops:14.7%of listings
Sale-to-list:99.5%

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

Public

Glenn Westlake Middle School

Grades 6-8 · 967 students

Public

Madison Elementary School

Grades K-5 · 484 students

Public

Westmore Elem School

Grades K-5 · 420 students

Public

Wm Hammerschmidt Elem School

Grades K-5 · 391 students

Public

Schafer Elem School

Grades K-5 · 352 students

Public

Butterfield Elem School

Grades K-5 · 282 students

Public

Manor Hill Elem School

Grades K-5 · 274 students

Public

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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