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Will County Gazette

Friday, April 26, 2024

Lockport home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Lockport rose by $41,250 while total sales increased by 54.5%, according to BlockShopper.com.

In October 2018, there were 68 homes sold, with a median sale price of $228,000 - a 22.1% increase over the $186,750 median sale price for the same period of the previous year. There were 44 homes sold in Lockport in October 2017.

The median sales tax in Lockport for the most recent year with available data, 2017, was $5,586.10, approximately 2.5% of the median home sale price for October 2018.

The following table compares Lockport to other Will County cities with similar median sales prices in October 2018:

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Tinley Park1011-9.1%$250,000$233,0007.3%
New Lenox493828.9%$245,000$281,500-13%
Channahon1013-23.1%$236,950$190,00024.7%
Frankfort Square1018-44.4%$235,000$226,0004%
Monee68-25%$232,450$139,25066.9%
Lockport684454.5%$228,000$186,75022.1%
Willowbrook34-25%$228,000$223,7001.9%
Bolingbrook746710.4%$224,000$208,0007.7%
Wilmington7540%$222,000$146,00052.1%
Shorewood281675%$221,250$266,450-17%
Minooka220%$217,500$328,500-33.8%

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