Lockport Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $239,900
    7% ( $15,200 ) vs May 2013
  • Median Sales Price
    $185,000
    6% ( $10,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $147,000
    3% ( $4,917 ) vs May 2013
  • Foreclosures 430
    Homes for Sale 314
    Recently Sold 606

Market Summary

There are currently 430 properties in Lockport, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 314.

In June, the number of properties that received a foreclosure filing in Lockport, IL was 94% higher than the previous month and 45% higher than the same time last year.

Home sales for May 2014 were up 61% compared with the previous month, and up 46% compared with a year ago. The median sales price of a non-distressed home was $185,000. The median sales price of a foreclosure home was $147,000, or 21% lower than non-distressed home sales.

Sales Prices - Lockport, IL




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$147,000 (Median Foreclosure Sales Price) $142,083 (Median Foreclosure Sales Price) $155,500 (Median Foreclosure Sales Price) $169,500 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $133,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $175,000 (Median Sales Price) $179,000 (Median Sales Price) $179,000 (Median Sales Price) $175,500 (Median Sales Price) $180,000 (Median Sales Price) $147,000 (Median Foreclosure Sales Price) $142,083 (Median Foreclosure Sales Price) $155,500 (Median Foreclosure Sales Price) $169,500 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $133,000 (Median Foreclosure Sales Price) $185,000 (Median Sales Price) $175,000 (Median Sales Price) $179,000 (Median Sales Price) $179,000 (Median Sales Price) $175,500 (Median Sales Price) $180,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
219
5.2
% (y-o-y)
$345,000
4.5
% (y-o-y)
32.6%
16.5
% (y-o-y)
Plainfield
156
2.5
% (y-o-y)
$181,500
6.6
% (y-o-y)
11.8%
19.6
% (y-o-y)
Joliet
153
24.3
% (y-o-y)
$95,000
5.0
% (y-o-y)
16.1%
9.8
% (y-o-y)
Orland Park
121
31.5
% (y-o-y)
$205,000
1.6
% (y-o-y)
22.0%
31.1
% (y-o-y)
Bolingbrook
110
12.0
% (y-o-y)
$165,000
1.5
% (y-o-y)
34.5%
29.9
% (y-o-y)
Downers Grove
90
4.3
% (y-o-y)
$287,250
14.9
% (y-o-y)
43.6%
56.0
% (y-o-y)
TINLEY PARK
86
7.5
% (y-o-y)
$175,000
7.7
% (y-o-y)
34.3%
26.2
% (y-o-y)
Romeoville
66
8.2
% (y-o-y)
$139,800
0.1
% (y-o-y)
21.3%
15.7
% (y-o-y)
Frankfort
56
15.2
% (y-o-y)
$265,000
5.4
% (y-o-y)
28.3%
33.4
% (y-o-y)
Mokena
56
9.8
% (y-o-y)
$234,600
8.0
% (y-o-y)
26.3%
30.4
% (y-o-y)

Local Info For Lockport

Population:
23,844
Cost of Living Index: 109.20
Crime Index: 53.55     Rating: B+ View crime details
Schools: 7    Average School Rating: C+ View individual school rating
Household Median Income: $79,096
Unemployment: 7.80%
Percentage of vacant homes: 4.62%