The story of this market
The typical home in ZIP 60439 sells for about $690,000, or $269 per square foot.
Prices are up +12.4% from a year ago, so sellers still have some momentum. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $1,115 a month.
ZIP 60439 — Lemont
The 60439 housing market is currently experiencing strong price appreciation and high demand, with a median sale price of $690,000. Low inventory levels and a competitive sale-to-list ratio indicate a seller-favored market. These conditions are driven by the area's high-quality school districts and its appeal to suburban family buyers.
This ZIP is ideal for family buyers seeking suburban space and high-quality schools, as well as commuters who value access to the Chicago metro area while maintaining a quieter, residential lifestyle.
Median prices moved up 12.4% year over year.
Homes spend a median of 60 days on market with 0.8 months of supply — a fast-moving market.
35% of listings have cut prices · homes sell at 102% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 3.4% — a stable, low-distress profile.
Built from 455 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 60439
The area is served by highly-rated public schools, including Lemont High School, which is frequently recognized for academic performance.
The area faces standard regional risks for severe weather, including wind and occasional flooding, with insurance premiums reflecting Illinois' broader climate-risk profile.
Economic momentum is driven by its proximity to the Chicago metropolitan area and local commercial development, with ongoing residential expansion in the Lemont area.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Residents typically commute to the Chicago employment core via I-55 or the Metra Heritage Corridor line, with average commute times reflecting suburban-to-urban travel patterns.
The area features extensive outdoor amenities including the Des Plaines River Trail, various local parks, and proximity to golf courses and the historic downtown Lemont shopping district.
The rental market is characterized by low vacancy pressure and steady demand, with limited short-term rental inventory compared to long-term residential leasing.
The local economy is supported by a mix of professional services, manufacturing, and retail, with significant employment access provided by the nearby I-55 corridor.
The area is served by the Metra Heritage Corridor line and major highway access via I-55, facilitating transit to downtown Chicago.
Development is focused on infill residential projects and the revitalization of the historic downtown area.
Parcels are subject to various taxing bodies including Lemont-Bromberek CSD 113A and Lemont High School District 210.
Property insurance premiums are influenced by regional weather patterns and the proximity to flood-prone areas near the Des Plaines River.
Data retrieved from data.census.gov ZCTA 60439 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
A major regional trail system providing extensive hiking and biking opportunities.
A historic district featuring local boutiques, restaurants, and community events.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).