Lockport home prices rise in September 2020

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The median sale price of a home sold in September 2020 in Lockport rose by $19,017 while total sales increased by 50%, according to BlockShopper.com.

In September 2020, there were 57 homes sold, with a median sale price of $224,017 - a 9.3% increase over the $205,000 median sale price for the same period of the previous year. There were 38 homes sold in Lockport in September 2019.

The median sales tax in Lockport for the most recent year with available data, 2019, was $5,965, approximately 2.7% of the median home sale price for September 2020.

The following table compares Lockport to other Will County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Crete14140%$246,950$184,00034.2%
Frankfort Square141216.7%$235,500$216,5008.8%
Cherry Hill20-$233,750$0-
Willowbrook72250%$229,900$255,000-9.8%
Elwood5366.7%$228,500$194,90017.2%
Lockport573850%$224,017$205,0009.3%
Monee62200%$220,000$223,950-1.8%
Peotone47-42.9%$210,000$144,90044.9%
Romeoville514124.4%$207,000$215,000-3.7%
Forest Manor20-$205,000$0-
Crystal Lawns3250%$197,500$206,000-4.1%

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