Lombard, IL Housing Market
The Lombard housing market is very competitive. Homes in Lombard receive 6 offers on average and sell in around 37 days. The median sale price of a home in Lombard was $310K last month, down 2.1% since last year. The median sale price per square foot in Lombard is $259, up 13.6% since last year.
Lombard Housing Market Trends
In April 2024, Lombard home prices were down 2.1% compared to last year, selling for a median price of $310K. On average, homes in Lombard sell after 37 days on the market compared to 35 days last year. There were 47 homes sold in April this year, up from 41 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lombard housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 36 days.
- Hot homescan sell for about 4% above list price and go pending in around 28 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 52 days.
- Hot homescan sell for about 3% above list price and go pending in around 30 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 38 days.
- Hot homescan sell for about 6% above list price and go pending in around 25 days.
Lombard Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Lombard from outside metros.
- New York homebuyers searched to move into Lombard more than any other metro followed by Peoria and St. Louis.
- 86% of Lombard homebuyers searched to stay within the Lombard metropolitan area.
- Cape Coral was the most popular destination among Lombard homebuyers followed by Sarasota and South Bend.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,510 | ||
2 | 730 | ||
3 | 695 | ||
4 | 544 | ||
5 | 366 | ||
6 | 285 | ||
7 | 185 | ||
8 | 171 | ||
9 | 51 | ||
10 | 50 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,962 | ||
2 | 1,319 | ||
3 | 1,297 | ||
4 | 1,157 | ||
5 | 1,141 | ||
6 | 1,111 | ||
7 | 881 | ||
8 | 846 | ||
9 | 793 | ||
10 | 747 |
View houses in Lombard that sold recently
Recently sold homes
- $920,000 Last Sold Price5 beds3.5 baths2,782 sq ft339 S Fairfield Ave, Lombard, IL 60148List Price$820,000Sale to List12% over listDays on Market10 days339 S Fairfield Ave, Lombard, IL 60148
- $325,501 Last Sold Price3 beds1.5 baths1,264 sq ft716 S Ahrens Ave, Lombard, IL 60148List Price$300,000Sale to List9% over listDays on Market22 days716 S Ahrens Ave, Lombard, IL 60148
- $400,100 Last Sold Price3 beds2.5 baths2,267 sq ft216 June Ln, Lombard, IL 60148List Price$379,900Sale to List5% over listDays on Market43 days216 June Ln, Lombard, IL 60148
- $260,000 Last Sold Price3 beds1 bath1,076 sq ft406 W Windsor Ave, Lombard, IL 60148List Price$271,900Sale to List4% under listDays on Market66 days406 W Windsor Ave, Lombard, IL 60148
- $372,000 Last Sold Price3 beds1.5 baths1,019 sq ft324 N Stewart Ave, Lombard, IL 60148List Price$369,000Sale to List1% over listDays on Market51 days324 N Stewart Ave, Lombard, IL 60148
- $330,000 Last Sold Price2 beds2.5 baths1,350 sq ft253 W 20th St #253, Lombard, IL 60148List Price$325,000Sale to List2% over listDays on Market65 days253 W 20th St #253, Lombard, IL 60148
- $185,000 Last Sold Price2 beds1.5 baths982 sq ft2330 Woodbridge Way Unit 3A, Lombard, IL 60148List Price$199,000Sale to List7% under listDays on Market42 days2330 Woodbridge Way Unit 3A, Lombard, IL 60148
- $141,000 Last Sold Price1 bed1 bath727 sq ft21W581 North Ave #30, Lombard, IL 60148List Price$134,900Sale to List5% over listDays on Market26 days21W581 North Ave #30, Lombard, IL 60148
See all recently sold homes in Lombard.
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Schools in Lombard
- Elementary
- Middle
- High
GreatSchools Rating
8/10 York Center Elementary School Public • 3-5 | 190 Students | 4 reviews |
8/10 Pleasant Lane Elementary School Public • K-5 | 253 Students | 2 reviews |
6/10 Manor Hill Elementary School Public • K-5 | 239 Students | 5 reviews |
6/10 Butterfield Elementary School Public • K-5 | 284 Students | 4 reviews |
5/10 Westfield Elementary School Public • K-5 | 298 Students | 1 reviews |
Climate's impact on Lombard housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lombard.
Flood Factor - Moderate
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Lombard
Walk Score®
Transit Score®
Bike Score®
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