Lockport Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $249,450
    1% ( $3,000 ) vs Aug 2013
  • Median Sales Price
    $220,501
    2% ( $4,495 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $168,000
    9% ( $14,000 ) vs Aug 2013
  • Foreclosures 378
    Homes for Sale 291
    Recently Sold 529

Market Summary

There are currently 378 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 291.

In September, the number of properties that received a foreclosure filing in Lockport, IL was 27% higher than the previous month and 68% lower than the same time last year.

Home sales for August 2014 were up 9% compared with the previous month, and down 18% compared with a year ago. The median sales price of a non-distressed home was $220,501. The median sales price of a foreclosure home was $168,000, or 24% lower than non-distressed home sales.

Sales Prices - Lockport, IL




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$168,000 (Median Foreclosure Sales Price) $154,000 (Median Foreclosure Sales Price) $159,000 (Median Foreclosure Sales Price) $147,000 (Median Foreclosure Sales Price) $142,083 (Median Foreclosure Sales Price) $155,500 (Median Foreclosure Sales Price) $220,501 (Median Sales Price) $216,006 (Median Sales Price) $195,000 (Median Sales Price) $185,000 (Median Sales Price) $175,000 (Median Sales Price) $179,000 (Median Sales Price) $168,000 (Median Foreclosure Sales Price) $154,000 (Median Foreclosure Sales Price) $159,000 (Median Foreclosure Sales Price) $147,000 (Median Foreclosure Sales Price) $142,083 (Median Foreclosure Sales Price) $155,500 (Median Foreclosure Sales Price) $220,501 (Median Sales Price) $216,006 (Median Sales Price) $195,000 (Median Sales Price) $185,000 (Median Sales Price) $175,000 (Median Sales Price) $179,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Naperville
256
27.7
% (y-o-y)
$350,000
4.1
% (y-o-y)
35.7%
31.5
% (y-o-y)
Joliet
164
48.1
% (y-o-y)
$115,000
2.7
% (y-o-y)
31.1%
6.3
% (y-o-y)
Plainfield
139
45.5
% (y-o-y)
$207,000
3.5
% (y-o-y)
17.6%
11.8
% (y-o-y)
Bolingbrook
103
31.8
% (y-o-y)
$165,000
6.8
% (y-o-y)
26.7%
23.6
% (y-o-y)
TINLEY PARK
93
39.6
% (y-o-y)
$190,000
7.6
% (y-o-y)
34.2%
21.8
% (y-o-y)
Downers Grove
90
40.0
% (y-o-y)
$326,500
18.7
% (y-o-y)
9.7%
40.9
% (y-o-y)
Orland Park
84
36.4
% (y-o-y)
$222,000
1.3
% (y-o-y)
9.9%
30.2
% (y-o-y)
Frankfort
67
30.9
% (y-o-y)
$285,000
12.4
% (y-o-y)
15.1%
2.2
% (y-o-y)
New Lenox
62
21.5
% (y-o-y)
$250,000
13.6
% (y-o-y)
32.0%
18.6
% (y-o-y)
Romeoville
62
36.7
% (y-o-y)
$148,950
7.9
% (y-o-y)
30.2%
10.1
% (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: 5.60%
Percentage of vacant homes: 4.62%