From July to September, 59 homes sold in Gages Lake for a median price of $190,000. That's 4.5 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 2 homes in Gages Lake were in foreclosure.
Median property tax for homeowners in Gages Lake was $5,751.08 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.
Gages Lake real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
34
$219,759
-
2010
28
$182,400
-17%
2011
23
$141,250
-22.6%
2012
37
$175,490
24.2%
2013
60
$210,600
20%
2014
45
$159,000
-24.5%
2015
58
$223,925
40.8%
2016
56
$194,775
-13%
2017
67
$198,900
2.1%
2018
59
$190,000
-4.5%
Median property tax
Median sale price
Effective property tax rate
2009
$6,784.83
$219,759
3.1%
2010
$4,691.86
$182,400
2.6%
2011
$4,626.40
$141,250
3.3%
2012
$5,941
$175,490
3.4%
2013
$6,073.23
$210,600
2.9%
2014
$4,452.85
$159,000
2.8%
2015
$6,283
$223,925
2.8%
2016
$5,534.58
$194,775
2.8%
2017
$5,751.07
$198,900
2.9%