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McHenry Times

Sunday, September 29, 2024

Lakemoor (McHenry County) home prices fall in November 2017

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The median sale price of a home sold in November 2017 in Lakemoor in McHenry County fell by $39,000 while total sales increased by 66.7%, according to BlockShopper.com.

In November 2017, there were five homes sold, with a median sale price of $169,000 - a 18.8% decrease over the $208,000 median sale price for the same period of the previous year. There were three homes sold in Lakemoor in November 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 2.7%.

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

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Cary2223-4.3%$214,750$187,00014.8%
Algonquin3436-5.6%$200,000$222,750-10.2%
Crystal Lake4552-13.5%$196,500$184,5006.5%
Oakwood Hills220%$193,500$290,000-33.3%
Lake in the Hills584431.8%$183,000$196,500-6.9%
Lakemoor5366.7%$169,000$208,000-18.8%
Johnsburg616-62.5%$163,250$176,500-7.5%
Marengo141127.3%$155,750$160,000-2.7%
McHenry463531.4%$154,500$149,0003.7%
Prairie Grove25-60%$151,500$330,000-54.1%
Island Lake63100%$148,000$275,000-46.2%
* This story only considers sales data for the part of Lakemoor that is in McHenry County.

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