Paul and Susan K. Lamontagne purchase 21541 W. Chestnut Lane, Lockport, appraised at $377,500

The home at 21541 W. Chestnut Lane, Lockport was sold on April 2 by Gaston (trust) for $377,500.

The buyers were Paul and Susan K. Lamontagne.

The property tax paid for this property in 2022 was $10,227. This is 2.7% of the sale price of the home.

This property is one of 34 sales in Lockport (Will County) from March 2 to April 2.

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.