The housing market in 60441 Lockport, IL is booming. The median value of a home in this area is $272,300, which is significantly lower than the national median of $338,100. Despite the lower cost for homes compared to the rest of the U.S., the appreciation rate is higher than the national average at 9.35%. With this in mind, it's clear that now is a great time to invest in real estate in Lockport!
The median home cost in Lockport (zip 60441) is $272,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Lockport (zip 60441) is up 13.7%.
Average Age of Homes
- The median age of Lockport (zip 60441) real estate is 27 years old
The Rental Market in Lockport (zip 60441)
- Renters make up 13.7% of the Lockport (zip 60441) population
- 0.6% of houses and apartments in Lockport (zip 60441), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.