Lockport home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Lockport rose by $16,500 while total sales increased by 45.2%, according to BlockShopper.com.

In October 2020, there were 61 homes sold, with a median sale price of $224,000 - a 8% increase over the $207,500 median sale price for the same period of the previous year. There were 42 homes sold in Lockport in October 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 October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Wheatland Plains21100%$249,950$250,000-0%
Wilmington46-33.3%$247,500$168,95046.5%
Frankfort Square1012-16.7%$234,950$210,00011.9%
Bolingbrook7685-10.6%$234,750$232,0001.2%
Monee10666.7%$228,000$173,00031.8%
Lockport614245.2%$224,000$207,5008%
Romeoville41410%$219,999$225,900-2.6%
Elwood660%$219,000$179,45022%
Aurora201811.1%$210,500$251,950-16.5%
Joliet1671660.6%$210,000$192,0009.4%
Beecher47-42.9%$204,500$145,00041%

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