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Lockport, IL Real Estate


According to census data in the year 2000 there were 5,852 housing units in Lockport. This represents a 58.6% growth from 3,689 in 1990.

Of those housing units, 5,762 were located in either urbanized areas or urban clusters, and 90 were located in what is classified as a rural area.

Homeownership rate in Lockport is about 79.1%. Lockport's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Lockport were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom6.40%
Two Bedrooms29%
Three Bedrooms43.10%
Four Bedrooms17.40%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1978
Median Value of occupied units$149,700
Median Price asked for vacant units$181,900

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1956
Median Monthly Rent asked for vacant units$418

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.50%
Home Equity Loan13.70%
Simple Mortgage55.90%
Debt Free23.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22%