Lockport, New York.
Typical home $271,281 (+5.1% in a year), asking rent $1,025 (+6.6%). Buffalo-Cheektowaga, NY metro.
to buy the typical home at today's mortgage rate — +$847 (+147%) since Jan 2020.
- 1 year
- Up $13,190 +5%
- $258,091$271,281 since Sep 2025
- 5 years
- Up $70,921 +35%
- $200,360$271,281 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Lockport$1,424
- New York$2,755
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 11 years.
Typical home values in Lockport, NY rose 5.1% over the past year — faster than the nation's +1.2%.
Asking rents in Lockport, NY rose 6.6% over the past year — faster than the nation's +2.7%.
Owning the typical home in Lockport runs $1,184/mo more than renting one — the widest that gap has been in this data.
That is $2,209 a month against $1,025 rent: a $1,424 mortgage payment, plus $495 property tax and $290 insurance & upkeep.
Owning vs renting — Lockport
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,209
- Renting$1,025
- Mortgage only$1,424
Property tax · $495/mo 2.19% of value a year — the ACS 2020-2024 median bill over the median home value for Niagara County, NY
Insurance & upkeep · $290/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Lockport, Niagara County, New York
Lockport is a city of 20,876 people in Niagara County. Half its households earn more than $62,410 a year and half less, against $69,633 across Niagara County; 15% of its people live below the poverty line. 59% of its homes are lived in by their owners and 41% are rented. Unemployment in Lockport was 4.9% in August 2026, and Niagara County had 0.8% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Lockport is a small city in Niagara County, with a population on the younger side compared with many towns whose pages older homeowners read. Most homes are lived in by their owners, though incomes run below the county's and a fair number of households live below the poverty line. Winters are cold and snowy, with January the coldest month, and summers are warm in July; precipitation through the year is moderate.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, manufacturing, and professional and business services. The largest workplaces in Lockport include Lockport City School District, Eastern Niagara Hospital and Elderwood at Lockport. Commutes are fairly short, and relatively few people work from home.
Things to do. The best known place nearby is Niagara Falls, a waterfall a longer drive away, along with the Niagara River that carries the water there. Also a longer drive away is Fort Niagara, a fort on the river, and the Buffalo Zoo for a day out with family.
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- 9,197households
- 25%of adults have a degree
- 15%below the poverty line
- 24 mintypical commute
- 9%work from home
What residents work in
Employed residents by industry, from the Census survey. Niagara County had 68,617 jobs in 2025, 0.8% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 18°; warmest in July, with highs near 82° and lows near 61°. About 38 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Lockport 4E weather station, 4 miles away (NOAA).
Largest workplaces in Lockport
- Lockport City School DistrictSchool district657FTE
- Eastern Niagara HospitalGeneral hospital250FTE
- Elderwood at LockportNursing homes183
- Maximus 909 OperationsNursing homes117
- Clark Rigging & Rental Niagara ErectingCrane rental with operator87
- ATI Specialty Rolled ProductsIngot made in iron and steel mills79
- VanDeMark ChemicalPhosgene manufacturing76
- LockportMail and parcel delivery72
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 17 workplaces with 20 or more staff, 1,028 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Lockport’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Niagara County and the Buffalo-Cheektowaga, NY metro.
Lockport home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Lockport$271,281
- New York$524,942
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Lockport listings, and the typical home goes pending in 17 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Lockport24.22%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Lockport17
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Lockport120
New listings per month
Sellers arriving at the market.
- Lockport53
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Lockport$251,810
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Lockport105.23%
Zip codes with a Lockport address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Lockport — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.