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McHenry Times

Sunday, November 24, 2024

Wonder Lake home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Wonder Lake rose by $23,000 while total sales increased by 76.9%, according to BlockShopper.com.

In October 2017, there were 23 homes sold, with a median sale price of $140,000 - a 19.7% increase over the $117,000 median sale price for the same period of the previous year. There were 13 homes sold in Wonder Lake in October 2016.

The median sales tax in Wonder Lake for 2017 was $3,386.28. In 2016, the median sales tax was $3,359.70. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Wonder Lake to other McHenry County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Marengo168100%$160,750$153,5004.7%
Eastwood Manor20-$154,250$0-
Lakemoor46-33.3%$150,250$125,50019.7%
Woodstock4243-2.3%$143,000$139,0002.9%
Crystal Manor4333.3%$141,500$127,50011%
Wonder Lake231376.9%$140,000$117,00019.7%
Fox River Shores110%$135,000$199,000-32.2%
Pistakee Highlands411-63.6%$134,750$110,00022.5%
Holiday Hills13-66.7%$132,000$95,00038.9%
Island Lake1213-7.7%$129,500$128,5000.8%
Hebron51400%$129,000$156,500-17.6%

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