From January through December of 2017, there were 13 homes sold, with a median sale price of $500,000 - a 13.8% decrease over the $580,000 median sale price for the previous year. There were seven homes sold in Mettawa in 2016.
The median sales tax in Mettawa for 2017 was $13,661. In 2016, the median sales tax was $13,338. This marks an increase of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.
The following table compares Mettawa to other Lake County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lake Bluff | 141 | 123 | 14.6% | $565,000 | $537,500 | 5.1% |
Barrington Hills | 11 | 6 | 83.3% | $550,000 | $607,500 | -9.5% |
North Barrington | 68 | 61 | 11.5% | $549,500 | $567,500 | -3.2% |
Green Oaks | 51 | 49 | 4.1% | $542,000 | $545,000 | -0.6% |
Fox River Grove | 6 | 12 | -50% | $520,000 | $456,250 | 14% |
Mettawa | 13 | 7 | 85.7% | $500,000 | $580,000 | -13.8% |
Hawthorn Woods | 157 | 151 | 4% | $499,356 | $500,000 | -0.1% |
Highland Park | 484 | 416 | 16.3% | $497,500 | $523,500 | -5% |
Deer Park | 71 | 36 | 97.2% | $480,000 | $455,000 | 5.5% |
Lincolnshire | 160 | 120 | 33.3% | $441,250 | $474,000 | -6.9% |
Tower Lakes | 23 | 19 | 21.1% | $427,000 | $426,000 | 0.2% |