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McHenry Times

Sunday, November 17, 2024

Lakemoor (McHenry County) home prices rise in July 2017

Realestate5

The median sale price of a home sold in July 2017 in Lakemoor in McHenry County rose by $15,750 while total sales decreased by 16.7%, according to BlockShopper.com.

In July 2017, there were five homes sold, with a median sale price of $137,000 - a 13% increase over the $121,250 median sale price for the same period of the previous year. There were six homes sold in Lakemoor in July 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 3.4%.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Crystal Gardens31200%$155,000$90,00072.2%
Wonder Lake221283.3%$152,000$100,50051.2%
Richmond46-33.3%$144,500$235,250-38.6%
Eastwood Manor3250%$140,000$138,5001.1%
Pistakee Highlands812-33.3%$137,750$119,00015.8%
Lakemoor56-16.7%$137,000$121,25013%
Crystal Manor42100%$132,750$115,50014.9%
Harvard10825%$127,500$98,50029.4%
Island Lake911-18.2%$125,000$181,000-30.9%
Holiday Hills10-$118,500$0-
Union110%$86,000$75,00014.7%
* This story only considers sales data for the part of Lakemoor that is in McHenry County.

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