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McHenry Times

Tuesday, November 26, 2024

Q2 real estate sales report: Lake in the Hills

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Median prices rose in Lake in the Hills over last year, and are down 3.8 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 215 homes sold in Lake in the Hills for a median price of $215,000. That's 1.8 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 13 homes in Lake in the Hills were in foreclosure.

Median property tax for homeowners in Lake in the Hills was $5,736.33 in 2017 according to tax data from that year. That means homeowners pay 2.7 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Lake in the Hills real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
104
$223,470
-
2010
113
$210,900
-5.6%
2011
94
$200,010
-5.2%
2012
100
$175,218
-12.4%
2013
158
$172,800
-1.4%
2014
119
$173,310
0.3%
2015
139
$192,920
11.3%
2016
186
$205,125
6.3%
2017
224
$211,140
2.9%
2018
215
$215,000
1.8%

Median property tax
Median sale price
Effective property tax rate
2010
$5,694.43
$210,900
2.7%
2011
$6,367.51
$200,010
3.2%
2012
$5,945.24
$175,218
3.4%
2013
$6,233.45
$172,800
3.6%
2014
$5,802.99
$173,310
3.3%
2015
$6,350.73
$192,920
3.3%
2016
$6,371.34
$205,125
3.1%
2017
$5,736.32
$211,140
2.7%

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