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Kane County Reporter

Wednesday, November 27, 2024

Lily Lake home prices fall in the second quarter of 2019

Realestate4

The median sale price of a home sold in the second quarter of 2019 in Lily Lake fell by $6,000 while total sales decreased by 66.7%, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $409,000 - a 1.4% decrease over the $415,000 median sale price for the same period of the previous year. There were nine homes sold in Lily Lake in the second quarter of 2018.

The median sales tax in Lily Lake for the most recent year with available data, 2017, was $9,040, approximately 2.2% of the median home sale price for the second quarter of 2019.

The following table compares Lily Lake to other Kane County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Novak Park12-50%$600,000$275,000118.2%
Wayne8633.3%$576,603.99$698,750-17.5%
Wildrose30-$445,000$0-
Campton Hills706311.1%$443,750$420,0005.7%
Lily Lake39-66.7%$409,000$415,000-1.4%
Rainbow Hills13-66.7%$382,000$326,90016.9%
Geneva160180-11.1%$334,450$334,0000.1%
Batavia115137-16.1%$310,000$315,000-1.6%
St. Charles133175-24%$309,000$288,5007.1%
West Dundee41410%$289,000$234,80023.1%
Bowes12-50%$285,000$320,500-11.1%

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