In October 2017, there were 53 homes sold, with a median sale price of $227,000 - a 17% increase over the $194,000 median sale price for the same period of the previous year. There were 42 homes sold in Lake in the Hills in October 2016.
The median sales tax in Lake in the Hills for 2017 was $5,878.95. In 2016, the median sales tax was $5,895.40. This marks an decrease of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.
The following table compares Lake in the Hills to other McHenry County cities with similar median sales prices in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakewood | 5 | 8 | -37.5% | $270,000 | $308,127 | -12.4% |
| Richmond | 5 | 5 | 0% | $254,000 | $155,000 | 63.9% |
| Huntley | 39 | 37 | 5.4% | $242,000 | $250,000 | -3.2% |
| Algonquin | 27 | 36 | -25% | $240,000 | $225,500 | 6.4% |
| Emerald Park | 1 | 0 | - | $237,500 | $0 | - |
| Lake in the Hills | 53 | 42 | 26.2% | $227,000 | $194,000 | 17% |
| Cary | 35 | 28 | 25% | $220,000 | $167,500 | 31.3% |
| Crystal Lake | 63 | 75 | -16% | $203,000 | $180,000 | 12.8% |
| Johnsburg | 6 | 12 | -50% | $196,250 | $304,500 | -35.6% |
| Oakwood Hills | 4 | 4 | 0% | $180,750 | $326,000 | -44.6% |
| Lilymoor | 1 | 0 | - | $176,000 | $0 | - |
Alerts Sign-up