Selling a Home in Lemont, Illinois
If you’re considering selling in Lemont, the data below can help you understand current market conditions, what homes are actually selling for, and what the process may cost. This guide uses 90 days of closed MLS sales data for single-family homes — updated regularly — so you’re working with recent numbers, not last year’s trends.
Lemont Market Overview
The Lemont single-family home market has seen 31 closed sales over the past 90 days. Here’s a summary of current conditions:
| Metric | Value |
|---|---|
| Median Sale Price | $600,000 |
| Days to Contract | 13 days |
| Sale-to-List Ratio | 97% |
| Homes Sold (90 days) | 31 |
| Active Listings | 26 |
| Months of Supply | 2.5 |
| Price Reductions | 8% of listings |
With 2.5 months of supply, Lemont sits below the 6-month balanced-market threshold but carries more inventory than many tighter Chicago-area submarkets. Twenty-six active listings against 31 recent sales means homes are selling, but buyers have options — pricing accuracy matters more here than in markets where supply is nearly nonexistent.
The 97% sale-to-list ratio tells a clear story: the average Lemont seller is leaving about 3% on the table between list price and final sale price. That is not unusual for a suburb at this price point, but it does mean that overpricing carries a real cost. Active listings are sitting at a median of 117 days on market, which suggests that the homes still available have been priced above what buyers are willing to pay.
Price Band Performance
Not all price ranges perform equally. Here’s how different price bands have performed over the past 90 days:
| Price Range | Sold | Avg Days | Sale-to-List | Active |
|---|---|---|---|---|
| $900K-$950K | 3 | 7 days | 99% | 1 |
| $300K-$350K | 2 | 8 days | 97% | 0 |
| $450K-$500K | 2 | 10 days | 99% | 1 |
| $550K-$600K | 2 | 7 days | 98% | 2 |
| $650K-$700K | 4 | 27 days | 98% | 1 |
| $500K-$550K | 4 | 38 days | 96% | 2 |
| $250K-$300K | 2 | 36 days | 91% | 0 |
The $900K-$950K band is the standout. Three sales at an average of 7 days to contract and 99% of asking price — that is upper-bracket velocity you rarely see in a suburban market. Only one active listing remains in that range, which means supply is nearly gone. Buyers at the top of Lemont’s market are making fast decisions.
The $300K-$350K entry-level segment is also moving quickly at 8 days, though the 97% sale-to-list ratio suggests buyers at this price point are negotiating slightly more. Zero active listings in this band means sellers below $350K face no direct competition right now.
At the other end of the spectrum, the $250K-$300K range tells a different story: 36 days on market and just 91% of asking price. That 9% gap between list and sale is the widest in Lemont and signals consistent overpricing in this segment. The $500K-$550K band is also worth watching — 38 days and 96% of asking, making it the softest mid-range segment.
What the $900K-$950K band reveals: Seven days to contract at 99% of asking with only one competitor on the market. If your home falls in this range, the data suggests strong buyer demand. But with only three recent sales in this band, the sample size is small — pricing should still be precise rather than aspirational.
What It Costs to Sell in Lemont
Closing costs are one of the most misunderstood parts of selling a home. Here’s an estimated breakdown for a Lemont home at the current median price of $600,000:
| Cost | Estimated Amount |
|---|---|
| Listing Agent Commission (varies) | $1,995 - $15,000 |
| Buyer Agent Commission (example 2.5%) | $15,000 |
| Illinois State Transfer Tax | $600 |
| Cook County Transfer Tax (if applicable) | $300 |
| DuPage/Will County Transfer Tax | $0 |
| Local Municipal Transfer Tax | Check with attorney |
| Title Insurance (approx. 0.4%) | $2,400 |
| Attorney Fees | $750 |
| Misc Closing Costs | $300 |
Lemont is a suburb outside Chicago city limits, so the Chicago city transfer tax (1.05%) does not apply. On a $600,000 sale, that alone saves you an estimated $6,300 compared to selling within Chicago.
Because Lemont straddles Cook, DuPage, and Will counties, your transfer tax obligation depends on which county your parcel sits in. All sellers pay the Illinois state transfer tax ($0.50 per $500), which comes to approximately $600 on a $600,000 sale. If your parcel is in Cook County, you also pay the Cook County transfer tax ($0.25 per $500), adding approximately $300. DuPage County and Will County do not impose a county-level transfer tax. Check with your real estate attorney to confirm which county governs your property and whether any Lemont municipal transfer taxes apply.
The listing agent commission remains the single largest variable in your closing costs. At 2-3% of the sale price, it could range from roughly $12,000 to $18,000 on a $600,000 home. Flat-fee alternatives exist that charge a fixed amount — for example, $1,995 — regardless of sale price. The difference in this case would be approximately $13,005.
Commission rates are not set by law and are fully negotiable. Buyer agent compensation is separate and determined as part of the listing agreement.
For a personalized estimate based on your specific sale price, use the closing cost calculator.
Pricing Strategy: What the Data Tells Us
Eight percent of Lemont listings reduced their price before selling. Among those that did, the average reduction was 3%, and the median time before the cut was 78 days.
Seventy-eight days is a long time to sit on the market before acknowledging a pricing problem. It represents more than two and a half months of carrying costs — mortgage payments, property taxes, maintenance — before the seller accepts what the market was signaling from the start.
This tells us two things:
- Most Lemont sellers are pricing correctly. Ninety-two percent sell without reducing their price.
- When pricing goes wrong, the correction takes time. A 78-day wait followed by a 3% cut means nearly three months of carrying costs before reaching a price buyers will accept. Starting closer to market value avoids that delay entirely.
The fastest-selling Lemont properties (top 25%) go under contract in approximately 6 days. These are almost always priced at or slightly below market value — a strategy that generates early interest and may result in competitive offers.
Meanwhile, the 26 active listings currently on the market have a median age of 117 days. That gap between the 13-day average for sold homes and the 117-day median for active listings tells you everything about the cost of overpricing in Lemont: homes priced right sell in under two weeks, and homes priced wrong sit for four months.
Your Listing Options
When you’re ready to sell in Lemont, you generally have three paths:
Traditional full-service agent (2-3% listing commission). You’ll work with an agent who handles pricing, photography, MLS listing, showings, negotiations, and closing. The fee is typically a percentage of the sale price — at $600,000, that’s an estimated $12,000 to $18,000.
Flat-fee brokerage ($1,995 or similar fixed fee). Same MLS exposure, professional photography, and full-service support — but the listing fee is a flat dollar amount regardless of sale price. On a $600,000 home, the estimated savings compared to a 2.5% commission would be approximately $13,005.
For sale by owner (FSBO). You handle everything yourself. No listing commission, but also no MLS access (without a separate flat-fee MLS listing), no professional pricing guidance, and no negotiation support. FSBO homes may sell for less than agent-listed homes, though results vary.
Each option has trade-offs. The right choice depends on your experience, timeline, and how much of the process you want to manage yourself.
Net Gain Realty offers the flat-fee option at $1,995 for Lemont sellers. See what’s included in a free seller report.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer’s agent compensation is separate and determined by the seller. All figures on this page are estimates for illustrative purposes only.
Frequently Asked Questions
What is the median home price in Lemont in 2026?
As of early 2026, the median sale price for single-family homes in Lemont is approximately $600,000, based on 31 closed sales over the past 90 days. Prices vary significantly by price band — the $900K-$950K range is currently the fastest-moving segment.
How long does it take to sell a home in Lemont?
Lemont single-family homes are currently going under contract in approximately 13 days on average. The fastest-selling quartile of properties goes under contract in about 6 days. Roughly 8% of listings have reduced their price before selling.
What does it cost to sell a home in Lemont?
Estimated closing costs for a Lemont home sale at the median price include Illinois state transfer tax (approximately $600), possible Cook County transfer tax (approximately $300 if the parcel is in Cook County — DuPage and Will counties do not levy a county transfer tax), title insurance, attorney fees, and listing commission. Lemont is not within Chicago city limits, so Chicago transfer tax does not apply. Check with your attorney to confirm which county your parcel falls in and whether any municipal transfer tax applies.
Is Lemont a seller’s market in 2026?
Current data suggests moderate seller conditions: 2.5 months of supply, 97% sale-to-list ratio, and 26 active listings against 31 recent sales. Conditions are favorable for sellers overall, though some price bands are softer than others.
What are Lemont transfer taxes?
Lemont straddles Cook, DuPage, and Will counties. Sellers pay the Illinois state transfer tax ($0.50 per $500, approximately 0.1%). If the parcel is in Cook County, a county transfer tax of $0.25 per $500 (approximately 0.05%) also applies. DuPage and Will counties do not levy a county transfer tax. On a $600,000 sale, estimated state transfer tax is approximately $600; if in Cook County, the county tax adds approximately $300. Check with your real estate attorney to confirm which county governs your parcel and whether any local municipal transfer taxes apply.
Related Resources
- Lemont Seller Report — Detailed price band breakdown, inventory analysis, and market velocity data
- Home Sale Calculator — Estimate your net proceeds with different commission structures
- Chicago Real Estate Commission Rates — How the NAR settlement changed commission negotiation
Ready to sell your Lemont home?
$1,995 flat fee — full service, you keep more.
Same MLS exposure. Same professional photography. Same expert negotiation. The only difference is how much you keep.