In August 2019, there were nine homes sold, with a median sale price of $250,000 - a 34.6% decrease over the $382,500 median sale price for the same period of the previous year. There were 16 homes sold in Lakewood in August 2018.
The median sales tax in Lakewood for the most recent year with available data, 2018, was $11,524, approximately 4.6% of the median home sale price for August 2019.
The following table compares Lakewood to other McHenry County cities with similar median sales prices in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Port Barrington | 1 | 2 | -50% | $290,000 | $297,500 | -2.5% |
| Spring Grove | 11 | 11 | 0% | $285,000 | $297,000 | -4% |
| Algonquin | 46 | 54 | -14.8% | $263,250 | $226,000 | 16.5% |
| Fox River Grove | 14 | 10 | 40% | $258,500 | $210,500 | 22.8% |
| Huntley | 56 | 49 | 14.3% | $258,000 | $250,000 | 3.2% |
| Lakewood | 9 | 16 | -43.8% | $250,000 | $382,500 | -34.6% |
| Johnsburg | 22 | 12 | 83.3% | $245,000 | $281,000 | -12.8% |
| Lake in the Hills | 53 | 65 | -18.5% | $224,000 | $230,000 | -2.6% |
| Cary | 31 | 38 | -18.4% | $220,000 | $222,500 | -1.1% |
| Crystal Lake | 77 | 82 | -6.1% | $210,000 | $188,500 | 11.4% |
| Island Lake | 9 | 12 | -25% | $207,000 | $132,500 | 56.2% |
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