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McHenry Times

Sunday, August 3, 2025

Lakewood home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Lakewood rose by $92,500 while total sales decreased by 11.1%, according to BlockShopper.com.

In April 2018, there were eight homes sold, with a median sale price of $377,500 - a 32.5% increase over the $285,000 median sale price for the same period of the previous year. There were nine homes sold in Lakewood in April 2017.

The median sales tax in Lakewood for the most recent year with available data, 2017, was $11,726.50, approximately 3.1% of the median home sale price for April 2018.

The following table compares Lakewood to other McHenry County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Barrington Hills330%$450,000$450,0000%
Fox Lake10-$400,000$0-
Prairie Grove82300%$400,000$225,00077.8%
Trout Valley110%$393,000$300,00031%
Lakewood89-11.1%$377,500$285,00032.5%
Bull Valley23-33.3%$356,250$404,000-11.8%
Spring Grove135160%$315,500$300,0005.2%
Port Barrington4333.3%$315,000$259,00021.6%
Johnsburg1314-7.1%$270,000$203,50032.7%
Algonquin3339-15.4%$252,000$235,0007.2%
Burtons Bridge110%$233,000$179,00030.2%

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