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Featured local agent — Lockport, IL
Sarah Mitchell
Compass Real Estate · Lockport, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lockport, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$373,450median sale price
How is the Lockport, IL housing market right now?
The median home sale price in Lockport, IL is $373,450, down 9.4% year-over-year. Homes sell in an average of 54 days with 96 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lockport a buyer's or seller's market?
Lockport, IL is currently a balanced market, based on 3.2 months of supply and homes selling in about 54 days. How we determine this →
Homes sold
30
Last 12 weeks
Days on market
54
Average pace
Active listings
96
3.2 months supply
Sale-to-list
100.6%
Above asking
What does the Lockport housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $373,450 |
| Median list price | $375,000 |
| Year-over-year price change | -9.4% |
| Average days on market | 54 days |
| Active inventory | 96 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $220/sq ft |
| Homes sold (latest month) | 30 |
| New listings (latest month) | 50 |
| Listings with a price cut | 18.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lockport by property type?
How the Lockport, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $417,000 | $220/sq ft | 15 | 55 days |
| Condo / Co-op | $250,000 | $204/sq ft | 1 | 29 days |
| Townhouse | $339,000 | $219/sq ft | 14 | 47 days |
Source: Redfin · Updated monthly
The Lockport housing market is currently classified as a balanced market with a median sale price of $373,450. Prices have fallen 9.4% compared to last year, with homes spending an average of 54 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Lockport
There are currently 96 homes listed for sale in Lockport, Illinois. The median listing price is $375K.
Active listings
96
Homes on market
Median list price
$375K
Avg. days on market
54
Days until sale
New this week
50
Newly listed
Who lives in Lockport?
Population
26,228
Median income
$113,252/yr
Median age
37.9 years
Owner-occupied
83.6%
College grads
44.4%
Avg commute
35.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Lockport?
Zillow home value
$375,412
Zillow rent index
$2,029/mo
Price-to-rent ratio
15.4x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Lockport?
Lockport is a community of approximately 26K residents with a median age of 37.9 years.The median household income is $113,252, which reflects a relatively affluent area with strong earning potential. 44.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lockport offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lockport?
10 schools tracked · 6,111 students
The largest public schools serving Lockport, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lockport Township High Sch East
Grades 9-12 · 3,817 students
William J Butler School
Grades 2-4 · 567 students
Walsh Elem School
Grades PK-1 · 346 students
Ludwig Elem School
Grades 4-5 · 316 students
Fairmont School
Grades PK-8 · 291 students
Kelvin Grove Jr High School
Grades 4-8 · 271 students
Taft Grade School
Grades PK-8 · 258 students
Milne Grove Elem School
Grades PK-3 · 245 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lockport, IL?
Want a head-to-head view? Compare Lockport side-by-side with any other U.S. city using our market-comparison tool.
Is Lockport a good real estate investment market?
For investors evaluating Lockport, the price-to-rent ratio of 15.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 9.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lockport's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lockport's median home price.
Frequently asked questions
What is the average home price in Lockport?
The median home sale price in Lockport is $373,450, down 9.4% from last year.
How long do homes stay on market in Lockport?
Homes typically spend 54 days on market before going under contract.
What is the median income in Lockport?
The median household income is $113,252 per year.
Is Lockport a buyer's or seller's market?
With 3.2 months of supply, Lockport is currently a balanced market.
What is the Zillow home value estimate for Lockport?
The Zillow Home Value Index (ZHVI) for Lockport is $375,412, representing the typical home value in the area.
What is the median condo price in Lockport?
The median condo/co-op sale price in Lockport, IL is $250,000, compared to $417,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lockport?
The median single-family home price in Lockport, IL is $417,000 (about $220 per square foot).
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