Lombard, IL Housing Market
The Lombard housing market is very competitive. Homes in Lombard receive 6 offers on average and sell in around 36 days. The median sale price of a home in Lombard was $285K last month, down 11.3% since last year. The median sale price per square foot in Lombard is $233, up 10.4% since last year.
Lombard Housing Market Trends
In March 2024, Lombard home prices were down 11.3% compared to last year, selling for a median price of $285K. On average, homes in Lombard sell after 36 days on the market compared to 50 days last year. There were 39 homes sold in March this year, down from 46 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 around list price and go pending in around 41 days.
- Hot homescan sell for about 4% above list price and go pending in around 27 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 about 1% below list price and go pending in around 64 days.
- Hot homescan sell for around list price and go pending in around 38 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 41 days.
- Hot homescan sell for about 2% above list price and go pending in around 26 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 St. Louis and San Francisco.
- 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 Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 1,636 | ||
2 | 658 | ||
3 | 587 | ||
4 | 406 | ||
5 | 355 | ||
6 | 290 | ||
7 | 132 | ||
8 | 128 | ||
9 | 38 | ||
10 | 32 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,272 | ||
2 | 1,425 | ||
3 | 1,310 | ||
4 | 1,309 | ||
5 | 1,270 | ||
6 | 1,127 | ||
7 | 901 | ||
8 | 786 | ||
9 | 743 | ||
10 | 734 |
Home offer insights for Lombard
Recent offers
- Offer Not Accepted|10 Weeks Ago~$300K OfferSold for $350K3 bd | 1 ba | ~1,500 sqftOver List Price0%Days on Market17Competing Offers—Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$325K OfferSold for $325K2 bd | 2 ba | ~1,500 sqftUnder List Price9%Days on Market70Competing Offers—Down Payment~20%
- Offer Not Accepted|11 Weeks Ago~$500K OfferSold for $550K4 bd | 2.5 ba | ~2,250 sqftOver List Price4%Days on Market34Competing Offers10Down Payment~20%
View houses in Lombard that sold recently
Recently sold homes
- $260,000 Last Sold Price2 beds2 baths1,257 sq ft2260 S Grace St #308, Lombard, IL 60148List Price$249,000Sale to List4% over listDays on Market28 days2260 S Grace St #308, Lombard, IL 60148
- $625,000 Last Sold Price5 beds3 baths2,986 sq ft248 N Charlotte St, Lombard, IL 60148Redfin CorporationList Price$629,900Sale to List1% under listDays on Market40 days248 N Charlotte St, Lombard, IL 60148
- $700,000 Last Sold Price4 beds3.5 baths3,276 sq ft885 Maryknoll Cir, Glen Ellyn, IL 60137List Price$700,000Sale to List0% over listDays on Market132 days885 Maryknoll Cir, Glen Ellyn, IL 60137
- $330,000 Last Sold Price5 beds1.5 baths1,800 sq ft932 S La Londe Ave, Lombard, IL 60148List Price$299,000Sale to List10% over listDays on Market32 days932 S La Londe Ave, Lombard, IL 60148
- $324,900 Last Sold Price3 beds1.5 baths1,064 sq ft234 S 3rd Ave, Lombard, IL 60148List Price$324,900Sale to List0% over listDays on Market36 days234 S 3rd Ave, Lombard, IL 60148
- $270,000 Last Sold Price2 beds2 baths1,229 sq ft2260 S Grace St #205, Lombard, IL 60148List Price$274,900Sale to List2% under listDays on Market41 days2260 S Grace St #205, Lombard, IL 60148
- $325,000 Last Sold Price3 beds1 bath985 sq ft669 N Garfield St, Lombard, IL 60148List Price$315,000Sale to List3% over listDays on Market15 days669 N Garfield St, Lombard, IL 60148
- $285,000 Last Sold Price6 beds2 baths1,800 sq ft2N122 Clarendon Ave, Lombard, IL 60148List Price$279,900Sale to List2% over listDays on Market36 days2N122 Clarendon Ave, Lombard, IL 60148
See all recently sold homes in Lombard.
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Schools in Lombard
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Pleasant Lane Elementary School Public • K-5 | 280 Students | 2 reviews |
8/10 Manor Hill Elementary School Public • K-5 | 266 Students | 5 reviews |
8/10 Westfield Elementary School Public • K-5 | 343 Students | 1 reviews |
8/10 York Center Elementary School Public • 3-5 | 207 Students | 4 reviews |
7/10 Park View Elementary School Public • PreK-5 | 239 Students | 5 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
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Transportation in Lombard
Walk Score®
Transit Score®
Bike Score®
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