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Kane County Reporter

Tuesday, November 26, 2024

Lily Lake home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Lily Lake rose by $42,100 while total sales increased by 33.3%, according to BlockShopper.com.

In March 2018, there were four homes sold, with a median sale price of $274,000 - a 18.2% increase over the $231,900 median sale price for the same period of the previous year. There were three homes sold in Lily Lake in March 2017.

The median sales tax in Lily Lake for the most recent year with available data, 2017, was $9,040.40, approximately 3.3% of the median home sale price for March 2018.

The following table compares Lily Lake to other Kane County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Wayne110%$703,050$451,00055.9%
Campton Hills258212.5%$370,000$393,500-6%
Tanner Woods23-33.3%$332,000$356,500-6.9%
Batavia2527-7.4%$297,000$300,000-1%
Algonquin880%$292,500$252,50015.8%
Lily Lake4333.3%$274,000$231,90018.2%
Geneva3543-18.6%$271,000$327,500-17.3%
St. Charles3845-15.6%$270,500$281,500-3.9%
Elburn136116.7%$263,000$208,49226.1%
West Dundee141127.3%$260,830$260,0000.3%
Sugar Grove13862.5%$246,000$277,000-11.2%

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