From April to June, 100 homes sold in Lake Zurich for a median price of $336,500. That's 0.4 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 2 homes in Lake Zurich were in foreclosure.
Median property tax for homeowners in Lake Zurich was $7,227.48 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Lake Zurich real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
57
$333,450
-
2010
66
$294,975
-11.5%
2011
49
$279,788
-5.1%
2012
59
$307,925
10.1%
2013
97
$286,200
-7.1%
2014
75
$327,540
14.4%
2015
88
$344,500
5.2%
2016
105
$336,000
-2.5%
2017
98
$335,325
-0.2%
2018
100
$336,500
0.4%
Median property tax
Median sale price
Effective property tax rate
2009
$6,879.90
$333,450
2.1%
2010
$7,203.37
$294,975
2.4%
2011
$7,164.06
$279,788
2.6%
2012
$7,662.54
$307,925
2.5%
2013
$7,189.09
$286,200
2.5%
2014
$7,169.64
$327,540
2.2%
2015
$7,843.19
$344,500
2.3%
2016
$7,489.92
$336,000
2.2%
2017
$7,227.47
$335,325
2.2%