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McHenry Times

Sunday, November 24, 2024

Q3 real estate sales report: Lakemoor

Realestate5

Median prices declined in Lakemoor over last year, and are up 4.5 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 33 homes sold in Lakemoor for a median price of $165,000. That's 1.3 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Lakemoor was in foreclosure.

Median property tax for homeowners in Lakemoor was $5,591.35 in 2017 according to tax data from that year. That means homeowners pay 3.3 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.

Lakemoor real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
16
$157,897
-
2010
9
$142,500
-9.8%
2011
22
$137,295
-3.7%
2012
19
$128,075
-6.7%
2013
30
$120,150
-6.2%
2014
23
$148,400
23.5%
2015
21
$164,300
10.7%
2016
18
$129,413
-21.2%
2017
30
$167,089
29.1%
2018
33
$165,000
-1.3%

Median property tax
Median sale price
Effective property tax rate
2009
$7,254.59
$157,897
4.6%
2010
$3,514.41
$142,500
2.5%
2011
$4,093.93
$137,295
3%
2012
$5,066.40
$128,075
4%
2013
$4,558.55
$120,150
3.8%
2014
$5,680.02
$148,400
3.8%
2015
$6,833.92
$164,300
4.2%
2016
$4,830.99
$129,413
3.7%
2017
$5,591.35
$167,089
3.3%

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