16940 W. 144th Lane, Lockport acquired by Kyle D. and Erica L. Thompson

The home at 16940 W. 144th Lane, Lockport was sold on March 25 by Dorothy Bumber for $200,000.

The buyers were Kyle D. and Erica L. Thompson.

The property tax paid for this property in 2022 was $2,500. This is 1.2% of the sale price of the home.

This property is one of 30 sales in Lockport (Will County) from Feb. 25 to March 25.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.