What happened to the median home price in Lockport during August 2021?

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The median sale price of a home sold in August 2021 in Lockport rose by $16,000 while total sales increased by 4.9%, according to BlockShopper.com.

In August 2021, there were 64 homes sold, with a median sale price of $251,000 - a 6.8% increase over the $235,000 median sale price for the same period of the previous year. There were 61 homes sold in Lockport in August 2020.

The median sales tax in Lockport for the most recent year with available data, 2019, was $5,965, approximately 2.4% of the median home sale price for August 2021.

The following table compares Lockport to other Will County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Tinley Park1112-8.3%$285,000$306,000-6.9%
Frankfort Square1417-17.6%$270,000$239,90012.5%
Cherry Hill110%$234,000$255,000-8.2%
Arbury Hills4333.3%$221,400$175,00026.5%

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