From January through June of 2018, there were 53 homes sold, with a median sale price of $340,000 - a 10.3% decrease over the $379,250 median sale price for the same period of the previous year. There were 44 homes sold in Lakewood in the first half of 2017.
The median sales tax in Lakewood for the most recent year with available data, 2017, was $11,727, approximately 3.4% of the median home sale price for the first half of 2018.
The following table compares Lakewood to other McHenry County cities with similar median sales prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Barrington Hills | 10 | 11 | -9.1% | $431,750 | $521,500 | -17.2% |
Lakewood | 53 | 44 | 20.5% | $340,000 | $379,250 | -10.3% |
Bull Valley | 12 | 18 | -33.3% | $337,750 | $342,250 | -1.3% |
Prairie Grove | 27 | 21 | 28.6% | $325,000 | $283,000 | 14.8% |
Trout Valley | 3 | 5 | -40% | $310,000 | $305,000 | 1.6% |
Ringwood | 7 | 6 | 16.7% | $310,000 | $267,000 | 16.1% |
Spring Grove | 60 | 39 | 53.8% | $289,500 | $285,000 | 1.6% |
Port Barrington | 18 | 11 | 63.6% | $275,000 | $270,000 | 1.9% |
Fox Lake | 4 | 4 | 0% | $265,000 | $356,250 | -25.6% |
Johnsburg | 53 | 56 | -5.4% | $250,000 | $209,500 | 19.3% |
Fox River Grove | 43 | 34 | 26.5% | $245,000 | $224,000 | 9.4% |