Gary L Scott unloads 506 Rodney St., Lockport

The home at 506 Rodney St., Lockport was sold on Aug. 7 by Gary L Scott for $550,000.

The buyer was Freddy Garcia.

The property tax paid for this property in 2022 was $13,505. This is 2.5% of the sale price of the home.

This property is one of 51 sales in Lockport (Will County) from July 7 to Aug. 7.

This story was found on BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.