Home Value Trail

New Lenox village, IL home price history and building permits

Will CountyChicago-Naperville-Elgin, IL-INIllinois

  • Price trail: Will County
  • FHFA annual index 1975 to 2025
  • Developmental index
  • Permits through

The annual files of FHFA have no index for a city. The line on this page is the index of Will County, the county of New Lenox village. The FHFA annual house price index for Will County increased by 78.5% from 2015 to 2025. Building permits in New Lenox village authorized 202 housing units in the 12 months to August 2026.

2015

The annual files of FHFA have no index for a city. These figures are for the index of Will County, the county of New Lenox village.

+78.5%

From 2015 to 2025, the FHFA annual all-transactions index for Will County increased by 78.5%.

From 2015 to 2025, the average change in each year is +6.0%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Will County+78.5%
Chicago-Naperville-Elgin, IL-IN+68.3%
Illinois+64.6%
United States+85.0%
Will County FHFA annual all-transactions index, 100 in 1975
  • Will County
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span

This is the price trail of Will County, not of New Lenox village. The annual files of FHFA have no index for a city.

Index values for each year
FHFA annual all-transactions index for Will County, 1975 to 2025
YearIndexChange from the year before
2025614.25+4.6%
2024587.22+7.0%
2023548.84+8.8%
2022504.65+14.1%
2021442.41+9.9%
2020402.65+1.3%
2019397.67+3.1%
2018385.69+4.1%
2017370.60+4.0%
2016356.24+3.5%
2015344.19+3.4%
2014332.92+4.9%
2013317.50+1.3%
2012313.58−4.6%
2011328.78−7.5%
2010355.40−7.6%
2009384.51−9.0%
2008422.62−3.9%
2007439.99+1.8%
2006432.18+6.7%
2005405.19+10.0%
2004368.36+7.8%
2003341.67+3.5%
2002329.98+5.0%
2001314.30+5.3%
2000298.62+5.5%
1999283.03+2.7%
1998275.57+2.1%
1997269.79+2.5%
1996263.10+2.5%
1995256.67+4.1%
1994246.51+3.2%
1993238.81+3.2%
1992231.42+2.9%
1991224.96+3.5%
1990217.39+5.0%
1989207.09+8.1%
1988191.58+10.5%
1987173.39+8.6%
1986159.73+6.1%
1985150.61+1.9%
1984147.87+6.0%
1983139.49+25.3%
1982111.35−25.8%
1981149.98−4.3%
1980156.71+9.0%
1979143.78+11.3%
1978129.20+12.3%
1977115.07+15.8%
197699.41−0.6%
1975100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Will County. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Will County and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Will County+4.6%+52.6%+78.5%+51.6%+105.7%+6.0%
Chicago-Naperville-Elgin, IL-IN+5.6%+47.2%+68.3%+43.1%+101.1%+5.3%
Illinois+5.7%+46.9%+64.6%+44.9%+95.6%+5.1%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

The annual files of FHFA have no index for New Lenox village. The first row is the index of Will County.

Building permits in New Lenox village

In the 12 months to August 2026, building permits in New Lenox village authorized 202 housing units. That is 7.0 units for each 1,000 residents. In the 12 months before, permits authorized 144 units.

Housing units authorized by month, latest 24 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in New Lenox village, by month
MonthAll units1 unit2 or more units
Aug 202631310
Jul 202619190
Jun 202632320
May 202633330
Apr 202627270
Mar 202625250
Feb 202617170
Jan 2026440
Dec 2025220
Nov 2025110
Oct 2025000
Sep 202511110
Aug 2025990
Jul 2025990
Jun 2025880
May 2025550
Apr 202520200
Mar 202515150
Feb 2025990
Jan 2025550
Dec 202410100
Nov 202419190
Oct 202418180
Sep 202417170
Housing units authorized in the 12 months to August 2026, by size of building
FigureNew Lenox villageWill CountyIllinoisUnited States
All units2021,80819,1571,418,086
In buildings with 1 unit202 (100%)1,788 (99%)10,712 (56%)888,241 (63%)
In buildings with 2 units0050234,814
In buildings with 3 or 4 units0487117,298
In buildings with 5 or more units0 (0%)16 (1%)7,072 (37%)477,733 (34%)
Units for each 1,000 residents7.02.51.54.1
Change from the 12 months before+40.3%−16.0%−5.7%−0.1%
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in New Lenox village, by year
YearAll units1 unit2 or more units
202599990
20241851850
20231071070
20221849688
20211341340
20201311310
201914411925
20181421420
20171411410
20161701700
20151621620
20141621620
20131741740
20121191190
201162620
201023230
200921210
200864604
20071351350
20062152150
20052932930
20042402400
20033033030
20023643640
20013243240
20003133130
19993693690
19983393390
19973073070
19963193190
19953403400

A permit authorizes construction. It does not show that the work started or that it is complete. For a place that does not report each month, the Census Bureau imputes the monthly figures.

Agency pages

  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.
  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.

Each link loaded on .

Cite this page

Home Value Trail. New Lenox village, IL home price history and building permits. https://homevaluetrail.com/city/il/new-lenox-village/. Source: US Census Bureau, Building Permits Survey; Federal Housing Finance Agency, annual house price index for Will County. FHFA release of .

Where the figures come from

Building permits
US Census Bureau, Building Permits Survey, place files through August 2026, permit office 550900. County, state and national figures from the county and state files.
Price trail
FHFA annual house price index for Will County, 1975 to 2025. Release of March 31, 2026.
County of the place
The county code of the Building Permits Survey row, and the Census Bureau 2020 place by county file.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

What kinds of buildings have permits in New Lenox village?
In the 12 months to August 2026, 202 units are in buildings with one unit. 0 units are in buildings with two to four units. 0 units are in buildings with five or more units.
How does the count compare with the 12 months before?
Permits authorized 144 housing units in the 12 months before. Permits authorized 202 housing units in the 12 months to August 2026. The count increased by 40.3% between the two periods.
How many units is that for each 1,000 residents?
New Lenox village has 7.0 units for each 1,000 residents. Will County has 2.5 units for each 1,000 residents. Illinois has 1.5 units for each 1,000 residents.
How many units have permits from 1995?
Permits in New Lenox village authorized 6,085 housing units from 1995 to 2025. The year with the most units is 1999, with 369.