Quantcast

Kane County Reporter

Wednesday, April 24, 2024

Q3 real estate sales report: Lily Lake

Re 14

Median prices declined in Lily Lake over last year, and are down 35.7 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 5 homes sold in Lily Lake for a median price of $335,000. That's 15.8 percent lower than median home sale prices for the third quarter of 2017.

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

Median property tax for homeowners in Lily Lake was $12,011.13 in 2017 according to tax data from that year. That means homeowners pay 3 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.

Lily Lake real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
3
$521,235
-
2010
3
$364,800
-30%
2011
4
$339,000
-7.1%
2012
3
$506,850
49.5%
2013
10
$187,920
-62.9%
2014
6
$219,950
17%
2015
13
$349,800
59%
2016
4
$352,538
0.8%
2017
3
$397,800
12.8%
2018
5
$335,000
-15.8%

Median property tax
Median sale price
Effective property tax rate
2009
$13,580.68
$521,235
2.6%
2010
$14,959.01
$364,800
4.1%
2011
$14,540.55
$339,000
4.3%
2012
$17,224.20
$506,850
3.4%
2013
$6,390.37
$187,920
3.4%
2014
$7,058.50
$219,950
3.2%
2015
$12,229.75
$349,800
3.5%
2016
$9,413.36
$352,538
2.7%
2017
$12,011.13
$397,800
3%

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