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Condo Foreclosures in Lockport, IL

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Lockport, IL Foreclosures

How much do homes sell for in Lockport, IL?
The average home price is currently $408,501.
In Lockport, IL, how many homes are available?
There are currently 7 active home listings available in Lockport.
What’s the average rental cost in Lockport, IL?
The average rental price in Lockport is $1,882.
What is the most expensive home in Lockport?
The most expensive home sold in Lockport had a price of $71,105,000.
What is currently the cheapest priced home in Lockport, IL?
The cheapest home for sale in Lockport is priced at $10,123.

Living in Lockport, IL

Lockport, Illinois, is a family-friendly suburb located 30 miles southwest of Chicago. It offers a perfect blend of small-town charm and access to city amenities. Residents enjoy beautiful parks, a rich historical background, and excellent educational institutions, making it an ideal place for families and young professionals alike.

Current Market Conditions in Lockport, IL

The Lockport real estate market is currently experiencing steady growth, with a high demand for family homes as more people are drawn to the suburban lifestyle. Properties in this area are often sold quickly, indicating a competitive market.

Lockport has seen consistent price appreciation over the past year, with a noticeable increase in the number of households moving to the area due to its affordability and proximity to Chicago.

Home Value Estimator For Lockport, IL

There are currently 18,060 real estate properties in Lockport, IL, with a median automated valuation model (AVM) price of $372,462.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lockport, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lockport, IL, is $408,501.00, with the most expensive house in Lockport, IL, topping out at $71,105,000.00 and the cheapest home in Lockport, IL, clocking in at $10,123.00. In other words, there’s something for every potential homebuyer or savvy investor in Lockport, IL!

Rent Prices In Lockport, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lockport, IL, is on a rollercoaster ride. The average rent price in Lockport, IL, is $1,882.00. Indeed, when looking to rent in Lockport, IL, you can expect to pay as little as $620.00 or as much as $5,500.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Lockport, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lockport, IL Condos

Market Trend for Lockport, IL

Total Listings Available: 7

Market Values:

Home Prices from $10,123 to $71,105,000

Average Sales Price: $408,501

Rental Values:

Rental from $620 to $5,500

Average Rent Value: $1,882 / month

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