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Sunday, February 16, 2020

Q4 real estate sales report: Lockport

Real Estate

By Local Labs News Service | Apr 3, 2019

Realestate2

Median prices rose in Lockport over last year, and are down 5.9 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 164 homes sold in Lockport for a median price of $201,500. That's 4.2 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Lockport was in foreclosure.

Median property tax for homeowners in Lockport was $5,654.34 in 2017 according to tax data from that year. That means homeowners pay 2.9 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Lockport real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
144
$214,052
-
2010
95
$201,210
-6%
2011
117
$197,637
-1.8%
2012
145
$172,927
-12.5%
2013
200
$174,913
1.1%
2014
163
$174,900
-0%
2015
168
$174,370
-0.3%
2016
118
$186,900
7.2%
2017
112
$193,290
3.4%
2018
164
$201,500
4.2%

Median property tax
Median sale price
Effective property tax rate
2010
$5,457.06
$201,210
2.7%
2011
$5,668.05
$197,637
2.9%
2012
$5,340.32
$172,927
3.1%
2013
$5,143.11
$174,913
2.9%
2014
$4,724.99
$174,900
2.7%
2015
$4,931.01
$174,370
2.8%
2016
$4,578.95
$186,900
2.4%
2017
$5,654.33
$193,290
2.9%

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