Altos Market Data for Realtors

Lockport, IL

Single-Family Homes

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Lockport, IL

Fri Mar 29 2024
This week the median list price for Lockport, IL is $390,900 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has decreased to 26. Click here to stay informed with the Lockport market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lockport, IL

Fri Mar 29 2024
This week the median list price for Lockport, IL is $390,900 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has decreased to 26. Click here to stay informed with the Lockport market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lockport market.
Median List Price $390,900
Median Price of New Listings $257,200
Per Square Foot $213
Average Days on Market 83
Median Days on Market 42
Price Decreased 46%
Price Increased 12%
Relisted 12%
Inventory 26
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$574,404 2,374 2.5 - 5 acres 3 2.5 2 0 2 42
$477,449 2,415 0.5 - 1 acre 3 2.3 20 0 1 42
$359,900 1,600 6,500 - 8,000 sqft 2 2 17 1 2 56
$269,900 1,400 0.25 - 0.5 acre 3 2 67 1 5 14