Christopher Incavo unloads 516 Table St., Lockport

The home at 516 Table St., Lockport was sold on June 23 by Christopher Incavo for $263,500.

The buyer was Steven Torres.

The property tax paid for this property in 2022 was $2,542. This is 1% of the sale price of the home.

This property is one of 40 sales in Lockport (Will County) from May 23 to June 23.

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.