The median sale price of a home sold in April 2021 in Lake in the Hills rose by $19,000 while total sales decreased by 47.5%, according to BlockShopper.com.
In April 2021, there were 21 homes sold, with a median sale price of $279,000 – a 7.3% increase over the $260,000 median sale price for the same period of the previous year. There were 40 homes sold in Lake in the Hills in April 2020.
The median sales tax in Lake in the Hills for the most recent year with available data, 2019, was $6,396, approximately 2.3% of the median home sale price for April 2021.
The following table compares Lake in the Hills to other McHenry County cities with similar median sale prices in April 2021:
| City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Spring Grove | 5 | 5 | 0% | $352,000 | $300,000 | 17.3% |
| Barrington Hills | 2 | 1 | 100% | $345,750 | $781,000 | -55.7% |
| Huntley | 12 | 32 | -62.5% | $308,000 | $252,000 | 22.2% |
| Fox River Grove | 4 | 9 | -55.6% | $288,250 | $238,000 | 21.1% |
| Crystal Lake | 26 | 57 | -54.4% | $285,250 | $223,000 | 27.9% |
| Lake in the Hills | 21 | 40 | -47.5% | $279,000 | $260,000 | 7.3% |
| Algonquin | 18 | 24 | -25% | $262,500 | $264,500 | -0.8% |
| Cary | 15 | 32 | -53.1% | $260,000 | $212,000 | 22.6% |
| Marengo | 4 | 10 | -60% | $232,500 | $164,500 | 41.3% |
| Silver Lake | 2 | 1 | 100% | $202,500 | $171,500 | 18.1% |
| Wonder Lake | 8 | 11 | -27.3% | $199,500 | $150,000 | 33% |
