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Lake County Gazette

Thursday, April 25, 2024

Lakemoor (Lake County) home prices fall in January 2017

Realestate1

The median sale price of a home sold in January 2017 in Lakemoor in Lake County fell by $37,950 while total sales increased by 33.3%, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $144,950 - a 20.7% decrease over the $182,900 median sale price for the same period of the previous year. There were three homes sold in Lakemoor in January 2016.

The median sales tax in Lakemoor for 2017 was $6,859.89. In 2016, the median sales tax was $6,558. This marks an increase of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.7%.

The following table compares Lakemoor to other Lake County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Fox Lake1013-23.1%$184,750$120,75053%
Antioch191526.7%$180,000$163,00010.4%
Lindenhurst191090%$158,000$185,950-15%
Winthrop Harbor67-14.3%$150,500$128,50017.1%
Horatio Gardens31200%$150,000$285,000-47.4%
Lakemoor4333.3%$144,950$182,900-20.7%
Round Lake171070%$140,000$155,500-10%
Round Lake Beach2331-25.8%$139,000$94,50047.1%
Grandwood Park9580%$139,000$148,000-6.1%
Park City21100%$133,000$110,00020.9%
Hainesville330%$132,000$180,000-26.7%
* This story only considers sales data for the part of Lakemoor that is in Lake County.

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