The story of this market
The typical home in ZIP 60441 sells for about $385,000, or $215 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,578 a month.
ZIP 60441 — Lockport
The 60441 housing market shows steady growth with a median price of $385,000, supported by low inventory and consistent demand from family buyers. While interest rates have influenced buyer activity, the area's strong school districts and proximity to Chicago employment hubs continue to drive market stability.
This ZIP is ideal for families and commuters seeking a balance between suburban space and access to Chicago, offering a mix of established neighborhoods and new construction.
Median prices moved up 2.4% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 7.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 60441, Will County IL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Lockport generally experiences lower crime rates compared to the broader Chicago metropolitan area, with property crime being the primary concern in residential sectors.
The area is served by highly-rated public school districts, including Lockport Township High School District 205, which is recognized for strong academic performance and extracurricular programs.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Des Plaines River, with standard insurance coverage typically sufficient.
Economic momentum is driven by logistics, manufacturing, and retail expansion along the I-355 corridor, with ongoing residential development in master-planned communities.
Property taxes in this jurisdiction are determined by the Will County assessment process, incorporating local school district, municipal, and special service area levies.
Residents primarily commute via I-355 and I-80 toward the Chicago employment core, with Metra rail access available at the nearby Lockport station.
The area features extensive outdoor amenities including the Illinois and Michigan Canal Trail, Dellwood Park, and several local golf courses, alongside retail hubs in downtown Lockport.
The rental market is characterized by steady demand from commuters and families, with a mix of single-family rentals and newer apartment developments maintaining low vacancy pressure.
The local economy is anchored by the logistics and distribution sector, supported by proximity to major highway interchanges and regional manufacturing hubs.
The area is well-connected by the I-355 and I-80 highway corridors, with Metra Heritage Corridor service providing rail transit to downtown Chicago.
Development is focused on infill residential projects and the expansion of commercial retail space along the primary arterial roads.
The Will County Supervisor of Assessments oversees the valuation process, utilizing mass appraisal techniques to determine fair market value for tax purposes.
Parcels are subject to various special districts including Lockport Township High School District 205, local fire protection districts, and library districts.
Property insurance premiums are stable, though homeowners in proximity to the Des Plaines River may require flood insurance coverage.
Data retrieved from US Census Bureau ACS tables for ZCTA 60441.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large community park with sports facilities and trails.
Historic recreational trail for hiking and biking.
Historic district with local boutiques and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.