Lockport, IL

Buyer's market-7.9% YoY

Housing market overview · Updated weekly

$354,900median sale price

Homes sold

15

Last 12 weeks

Days on market

81

Average pace

Active listings

85

5.7 months supply

Sale-to-list

99.0%

Below asking

The Lockport housing market is currently classified as a buyer's market with a median sale price of $354,900. Prices have fallen 7.9% compared to last year, with homes spending an average of 81 days on market, indicating 5.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Lockport

There are currently 85 homes listed for sale in Lockport, Illinois. The median listing price is $344K.

Active listings

85

Homes on market

Median list price

$344K

Avg. days on market

81

Days until sale

New this week

30

Newly listed

Price drops:16.5%of listings
Sale-to-list:99.0%

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Frequently asked questions

What is the average home price in Lockport?

The median home sale price in Lockport is $354,900, down 7.9% from last year.

How long do homes stay on market in Lockport?

Homes typically spend 81 days on market before going under contract.

Is Lockport a buyer's or seller's market?

With 5.7 months of supply, Lockport is currently a buyer's market.

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