Link (trust) buys 13818 S. Magnolia Drive, Lockport

The home at 13818 S. Magnolia Drive, Lockport was sold on June 3 by Victor Perez for $290,000.

The buyer was Link (trust).

The property tax paid for this property in 2022 was $5,602. This is 1.9% of the sale price of the home.

This property is one of 33 sales in Lockport (Will County) from May 3 to June 3.

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.