Q4 real estate sales report: Lake of the Woods
From October to December, 5 homes sold in Lake of the Woods for a median price of $101,000. That's 44.2 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Lake of the Woods.
Median property tax for homeowners in Lake of the Woods was $4,487 in 2017 according to tax data from that year. That means homeowners pay 2.5 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.