Home prices
The median home in Lockport is valued at $242,600. In comparison to its nearby areas this is approximately $63,420 (35%) higher.In comparison to the United States as a whole it is approximately $25,100 (11%) higher, and is roughly $15,400 (5%) lower in comparison to the city of Chicago.
Rents
In Lockport the median rent is $1,241 per month. In comparison to other places in this area this is roughly $24 (1%) lower.It is about $179 (16%) higher in comparison to the entire nation, and is approximately $129 (11%) higher in comparison to the city of Chicago.
Nearby places
Fairmont
Fairmont is Lockport's neighbor to the southwest. Housing prices there are significantly less expensive. The median home value in Fairmont is $105,300, which comes out to $137,300 (130%) lower than Lockport. Rent there is somewhat less expensive. In Fairmont the median monthly rent is $1,127, which comes out to $114 (10%) lower than Lockport.
Homer Glen
Homer Glen is Lockport's neighbor to the east. Its real estate prices are a bit more expensive. Homer Glen's median home value is $330,600, which works out to $88,000 (26%) higher than Lockport. Rent there is a bit more expensive. In Homer Glen the median monthly rent is $1,567, which is $326 (20%) higher than Lockport.
Crest Hill
Crest Hill is roughly 3 miles west from Lockport. Housing prices there are substantially less expensive. The median home in Crest Hill is valued at $169,200, which is $73,400 (43%) lower than Lockport. Rent there is a little less expensive. In Crest Hill the median monthly rent is $1,136, which works out to $105 (9%) lower than Lockport.
Romeoville
Romeoville is roughly 4 miles northwest of Lockport. Housing prices there are somewhat less expensive. The median home cost in Romeoville is $186,100, which is $56,500 (30%) lower than Lockport. Rent there is a bit more expensive. The median monthly rent in Romeoville is $1,552, which comes out to $311 (20%) higher than Lockport.
Ingalls Park
Ingalls Park is approximately 4 miles south of Lockport. The real estate prices there are substantially less expensive. The median home in Ingalls Park costs $104,700, which comes out to $137,900 (131%) lower than Lockport. Its rents are a little less expensive. The median monthly rent in Ingalls Park is $942, which works out to $299 (31%) lower than Lockport.