In January 2018, there were eight homes sold, with a median sale price of $327,500 - a 4.2% decrease over the $342,000 median sale price for the same period of the previous year. There were two homes sold in Lakewood in January 2017.
The median sales tax in Lakewood for the most recent year with available data, 2017, was $11,726.50, approximately 3.6% of the median home sale price for January 2018.
The following table compares Lakewood to other McHenry County cities with similar median sales prices in January 2018:
| City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Barrington Hills | 3 | 1 | 200% | $480,000 | $1,150,000 | -58.3% |
| Spring Grove | 8 | 5 | 60% | $340,000 | $285,000 | 19.3% |
| Lakewood | 8 | 2 | 300% | $327,500 | $342,000 | -4.2% |
| Bull Valley | 2 | 1 | 100% | $288,750 | $280,000 | 3.1% |
| Johnsburg | 6 | 4 | 50% | $265,000 | $142,000 | 86.6% |
| Huntley | 21 | 25 | -16% | $245,000 | $255,000 | -3.9% |
| Fox River Grove | 1 | 2 | -50% | $245,000 | $248,750 | -1.5% |
| Prairie Grove | 5 | 0 | - | $229,000 | $0 | - |
| Port Barrington | 1 | 1 | 0% | $219,000 | $295,000 | -25.8% |
| Lake in the Hills | 42 | 31 | 35.5% | $210,275 | $153,000 | 37.4% |
| Algonquin | 25 | 18 | 38.9% | $197,000 | $240,000 | -17.9% |
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