721 N. Reef Road, Lockport sold by Linda Witowski

The home at 721 N. Reef Road, Lockport was sold on June 25 by Linda Witowski for $159,900.

The buyer was Cantera of Third Rock Properti.

The property tax paid for this property in 2022 was $5,642. This is 3.5% of the sale price of the home.

This property is one of 44 sales in Lockport (Will County) from May 25 to June 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.