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Will County Gazette

Saturday, November 23, 2024

Lockport home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Lockport rose by $8,500 while total sales decreased by 36.4%, according to BlockShopper.com.

In May 2019, there were 35 homes sold, with a median sale price of $208,500 - a 4.3% increase over the $200,000 median sale price for the same period of the previous year. There were 55 homes sold in Lockport in May 2018.

The median sales tax in Lockport for the most recent year with available data, 2018, was $5,797, approximately 2.8% of the median home sale price for May 2019.

The following table compares Lockport to other Will County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Frankfort Square1017-41.2%$224,500$182,50023%
Bolingbrook5885-31.8%$219,000$222,000-1.4%
Preston Heights110%$213,000$135,00057.8%
Beecher29-77.8%$210,875$190,00011%
Willowbrook3250%$210,000$242,500-13.4%
Lockport3555-36.4%$208,500$200,0004.3%
Braidwood711-36.4%$195,000$162,00020.4%
Elwood47-42.9%$194,750$181,0007.6%
Lincolnwood Hills20-$193,850$0-
Crystal Lawns25-60%$192,000$183,0004.9%
Joliet147182-19.2%$188,000$175,0007.4%

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