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McHenry Times

Sunday, November 24, 2024

Q4 real estate sales report: Lakemoor

Realestate3

Median prices rose in Lakemoor over last year, and are down 5.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 24 homes sold in Lakemoor for a median price of $158,500. That's 4.1 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 2 homes in Lakemoor were in foreclosure.

Median property tax for homeowners in Lakemoor was $4,903.75 in 2017 according to tax data from that year. That means homeowners pay 3.2 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
17
$167,310
-
2010
9
$146,704
-12.3%
2011
18
$208,348
42%
2012
24
$171,675
-17.6%
2013
21
$160,623
-6.4%
2014
17
$189,210
17.8%
2015
25
$150,520
-20.4%
2016
17
$132,300
-12.1%
2017
22
$152,235
15.1%
2018
24
$158,500
4.1%

Median property tax
Median sale price
Effective property tax rate
2009
$6,240.87
$167,310
3.7%
2010
$5,834.91
$146,704
4%
2011
$5,237.86
$208,348
2.5%
2012
$6,940.47
$171,675
4%
2013
$6,099.95
$160,623
3.8%
2014
$6,643.45
$189,210
3.5%
2015
$6,340.47
$150,520
4.2%
2016
$7,025.55
$132,300
5.3%
2017
$4,903.75
$152,235
3.2%

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