Lockport, NY housing market update: firm pricing, active inventory, rental moratorium hearing scheduled
Lockport, NY – March 3, 2026 – Prices are holding up versus last year while sales volume cools and marketing times lengthen; city leaders have a public hearing scheduled on a pr…
In Lockport, the housing market is showing firmer pricing than a year ago, but fewer closed sales and longer marketing times suggest buyers may have more room to negotiate on condition and terms.
Top takeaways
- Redfin shows a January 2026 median sale price of about $225K (up 5.8% year over year) and an average 32 days on market.
- Zillow’s typical home value is about $249K (up 5.8% year over year, data through Jan. 31, 2026).
- Inventory remains active: Zillow reports 82 homes in inventory (Jan. 31, 2026), and its search results page lists about 167 homes for sale.
- City leaders scheduled a March 11 public hearing on a proposed six-month moratorium affecting new approvals for larger rental projects (more than 25 units) in certain mixed-use and light-industrial zones.
Market snapshot
Redfin counted 17 homes sold in January 2026, down from 20 a year earlier. Zillow also shows 22 new listings as of Jan. 31, helping keep options available even as prices hold.
Rentals and permits watch
Zillow’s observed rent index puts average rent around $979 (Jan. 31, 2026), up 3.8% year over year. For owners planning renovations or investors prepping units, the city notes permits are required for new construction and many repair or replacement projects.
What are you seeing locally: more price cuts, more multiple-offer listings, or more rentals coming online?