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Lake County Gazette

Wednesday, November 27, 2024

Lakemoor (McHenry County) home prices rise in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Lakemoor in McHenry County rose by $25,250 while total sales decreased by 16.7%, according to BlockShopper.com.

From October through December of 2017, there were 10 homes sold, with a median sale price of $150,250 - a 20.2% increase over the $125,000 median sale price for the same period of the previous year. There were 12 homes sold in Lakemoor in the fourth quarter of 2016.

The median sales tax in Lakemoor for 2017 was $4,642.48. In 2016, the median sales tax was $4,493.80. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Lakemoor to other McHenry County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Lilymoor31200%$176,000$107,50063.7%
Richmond1314-7.1%$175,000$157,50011.1%
Crystal Gardens34-25%$163,000$165,000-1.2%
McHenry14112314.6%$159,000$150,0006%
Marengo353016.7%$155,500$157,000-1%
Lakemoor1012-16.7%$150,250$125,00020.2%
Eastwood Manor35-40%$143,500$125,00014.8%
Woodstock1041031%$143,000$155,000-7.7%
Pistakee3250%$142,500$83,00071.7%
Wonder Lake584238.1%$140,750$116,00021.3%
Crystal Manor68-25%$135,000$127,7505.7%
* This story only considers sales data for the part of Lakemoor that is in McHenry County.

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