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Foreclosure Homes in Lombard, IL 60148

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Lombard, IL Foreclosures

Current Market Conditions in in Lombard, IL As of April 2026?
Over the past month, Lombard's real estate market has seen a slight uptick in sales as interest rates remain stable and inventory levels have increased. Buyers are finding a better selection of homes, and properties that are well-maintained are selling quickly, sometimes above asking price due to the high demand.
How much do homes sell for in Lombard, IL?
The average home price is currently $435,876.
In Lombard, IL, how many homes are available?
There are currently 448 active home listings available in Lombard.
What’s the average rental cost in Lombard, IL?
The average rental price in Lombard is $1,879.
What is the most expensive home in Lombard?
The most expensive home sold in Lombard had a price of $127,476,136.
What is currently the cheapest priced home in Lombard, IL?
The cheapest home for sale in Lombard is priced at $11,960.

Living in Lombard, IL

Lombard, IL, is a charming suburb of Chicago, known for its engaging community and beautifully maintained parks. With a rich history, good schools, and a mixture of residential and commercial areas, it offers a desirable living experience for families and professionals alike. Outdoor activities and local festivals contribute to a vibrant lifestyle.

Buyer vs Seller Market in Lombard, IL

The real estate market in Lombard has shown steady growth in recent years, with an increase in demand for single-family homes and townhouses. The average home price has appreciated, reflecting the area's attractive amenities and strong community feel.

This suburb has become increasingly popular among first-time homebuyers and families looking for more spacious living environments close to Chicago, driving competitive bidding in many neighborhoods.

Home Value Estimator For Lombard, IL

There are currently 18,419 real estate properties in Lombard, IL, with a median automated valuation model (AVM) price of $362,603.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lombard, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lombard, IL, is $435,876.00, with the most expensive house in Lombard, IL, topping out at $127,476,136.00 and the cheapest home in Lombard, IL, clocking in at $11,960.00. In other words, there’s something for every potential homebuyer or savvy investor in Lombard, IL!

Rent Prices In Lombard, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lombard, IL, is on a rollercoaster ride. The average rent price in Lombard, IL, is $1,879.00. Indeed, when looking to rent in Lombard, IL, you can expect to pay as little as $760.00 or as much as $4,320.00, with the average rent median estimated to be $1,850.00. The good news is that finding an affordable and desirable property to rent in Lombard, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lombard, IL 60148 Foreclosures

Market Trend for Lombard, IL

Total Listings Available: 448

Market Values:

Home Prices from $11,960 to $127,476,136

Average Sales Price: $435,876

Rental Values:

Rental from $760 to $4,320

Average Rent Value: $1,879 / month

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