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McHenry Times

Monday, November 25, 2024

Lakemoor (McHenry County) home prices fall in March 2017

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The median sale price of a home sold in March 2017 in Lakemoor in McHenry County fell by $4,500 while total sales increased by 133.3%, according to BlockShopper.com.

In March 2017, there were seven homes sold, with a median sale price of $120,500 - a 3.6% decrease over the $125,000 median sale price for the same period of the previous year. There were three homes sold in Lakemoor in March 2016.

The median sales tax in Lakemoor for 2017 was $4,642.48. In 2016, the median sales tax was $4,493.80. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.9%.

The following table compares Lakemoor to other McHenry County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Fox River Grove8560%$150,500$175,859-14.4%
Emerald Park10-$150,000$0-
Island Lake612-50%$136,500$137,000-0.4%
Crystal Manor3250%$135,000$143,000-5.6%
Holiday Hills10-$133,000$0-
Lakemoor73133.3%$120,500$125,000-3.6%
Wonder Lake221546.7%$115,500$115,0000.4%
Marengo171070%$115,000$200,000-42.5%
Lilymoor20-$107,500$0-
Harvard714-50%$90,000$103,050-12.7%
Hebron13-66.7%$75,000$40,50085.2%
* This story only considers sales data for the part of Lakemoor that is in McHenry County.

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