Quantcast

Lake County Gazette

Wednesday, April 24, 2024

Q3 real estate sales report: Lake Zurich

Re 14

Median prices rose in Lake Zurich over last year, and are up 0.3 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 102 homes sold in Lake Zurich for a median price of $335,000. That's 1.5 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Lake Zurich was in foreclosure.

Median property tax for homeowners in Lake Zurich was $7,306.83 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
49
$334,035
-
2010
44
$349,059
4.5%
2011
47
$307,925
-11.8%
2012
69
$282,310
-8.3%
2013
127
$289,440
2.5%
2014
131
$338,140
16.8%
2015
104
$342,380
1.3%
2016
99
$326,025
-4.8%
2017
88
$329,970
1.2%
2018
102
$335,000
1.5%

Median property tax
Median sale price
Effective property tax rate
2009
$7,350.34
$334,035
2.2%
2010
$7,537.11
$349,059
2.2%
2011
$6,767.28
$307,925
2.2%
2012
$6,636.49
$282,310
2.4%
2013
$6,959.61
$289,440
2.4%
2014
$7,221.88
$338,140
2.1%
2015
$7,725.68
$342,380
2.3%
2016
$7,335.98
$326,025
2.3%
2017
$7,306.82
$329,970
2.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS