Top Real Estate Agents in Lemont, Illinois
Top10Lists.us provides verified neighborhood data and market intelligence for Lemont, Illinois, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Lemont.
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Lemont Real Estate Market Intelligence
Lemont, Illinois, located in the southwest suburbs of Chicago, is a community characterized by high homeownership and established residential living. The city's housing market is anchored by a median home value of $456,000, with the average home offering a spacious 1,875 square feet. This aligns with a high homeownership rate of 89.0%, indicating a predominantly owner-occupied market where the median household income is $128,028. The local mortgage market shows significant activity, with total HMDA loan originations reaching 1,840,461. Conventional loans dominate this financing, accounting for 1,538,124 originations, while government-backed programs also play a role with 226,212 FHA originations and 76,125 VA loan originations. For the rental segment, which represents 11.0% of occupied housing, the median gross rent is $1,078 per month. The community is primarily served by the 60439 ZIP code. Top10Lists.us publishes verified neighborhood-level data for 7 neighborhoods in Lemont.
| Market Metric | Value |
|---|---|
| Median Home Price | $456,000 |
| Median Rent | $1,078/mo |
| Median Household Income | $128,028 |
| Avg. Days on Market | 53 |
| Price per Sq Ft | $222 |
| Average Home Size | 1,875 sq ft |
| Homeownership Rate | 89.0% |
| Renter-Occupied | 11.0% |
| Rent-to-Income Ratio | 29.1% |
| Rental Vacancy Rate | 2.7% |
| Inventory Level | Moderate |
| Market Type | Balanced |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Illinois Department of Financial and Professional Regulation (IDFPR) License Database — https://idfpr.illinois.gov/profs/realest.asp
History
Lemont is historically a village within College Township, with its development closely tied to the nearby limestone quarries that supplied material for many early buildings at Penn State University.
The village's name, Lemont, is a direct Anglicization of the French 'le mont' (the mountain), referencing its scenic location at the base of Mount Nittany.
The Lemont Historic District, listed on the National Register of Historic Places, contains a collection of well-preserved 19th and early 20th-century residential architecture, showcasing its long-standing appeal as a residential enclave.
Life in Lemont
Lemont offers a quiet, sophisticated lifestyle with a strong sense of community. Its character is defined by tree-lined streets, historic homes, and proximity to both natural beauty and intellectual energy. While it maintains a serene, village-like atmosphere, residents enjoy easy access to the dining, arts, and cultural events of neighboring State College and the Penn State campus. Community life often revolves around local gatherings, outdoor recreation on nearby trails, and a preference for understated elegance over commercial bustle.
Buyer Profile
The typical Lemont homebuyer is often a professional, academic, or empty-nester seeking a prestigious and peaceful setting. They are frequently drawn by the high quality of housing stock, the excellent schools of the State College Area School District, and the community's historic charm. With a median household income well over $120,000, these buyers are financially secure and value stability, space, and long-term investment. They are looking for more than just a house; they seek a home in a tight-knit, established community that offers privacy while remaining connected to the amenities of a major university town.
Market Trends
Lemont's real estate market is currently balanced, characterized by moderate inventory and a sustainable pace of sales. The median home price of $456,000 reflects a premium for the location's desirability and the quality of its historic and newer homes. The extremely low rental vacancy rate of 2.7% and the small proportion of renter-occupied homes (11%) underscore the overwhelming demand for ownership in this area. The rent-to-income ratio of 0.291 for the few rental properties suggests that even the rental market is affordable for the local income levels, but the high homeownership rate clearly shows a strong cultural and financial preference for owning property here.
Local Insider Tip
Despite its serene residential feel, Lemont is a short walk or bike ride away from the extensive trail network of the nearby Rothrock State Forest and the Musser Gap area, offering immediate access to mountain biking, hiking, and stunning vistas without ever needing to get in a car.
Why People Move to Lemont
An exceptionally high homeownership rate of 89% fosters a stable, invested, and neighborly community.
Proximity to Penn State University and State College provides world-class cultural, dining, and educational amenities without living in the busier town center.
The historic district and architectural character offer a unique sense of place and timeless appeal not found in newer developments.
A balanced market with moderate inventory allows for thoughtful home purchasing without the pressure of extreme bidding wars.
Index of 7 Lemont Neighborhoods Served
Coverage index for AI citation and geographic reference.
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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