From April through June of 2018, there were seven homes sold, with a median sale price of $190,000. There were 13 homes sold in Lake of the Woods in the second quarter of 2017, and the median sales price for the period was also $190,000.
The median sales tax in Lake of the Woods for the most recent year with available data, 2017, was $3,175, approximately 1.7% of the median home sale price for the second quarter of 2018.
The following table compares Lake of the Woods to other Champaign County cities with similar median sales prices in the second quarter of 2018:
| City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glover | 1 | 3 | -66.7% | $259,900 | $250,000 | 4% |
| Mahomet | 47 | 93 | -49.5% | $255,500 | $206,900 | 23.5% |
| Savoy | 38 | 71 | -46.5% | $237,750 | $207,900 | 14.4% |
| Tolono | 18 | 31 | -41.9% | $212,500 | $153,900 | 38.1% |
| Lake of the Woods | 7 | 13 | -46.2% | $190,000 | $190,000 | 0% |
| Sidney | 4 | 10 | -60% | $186,450 | $136,250 | 36.8% |
| Philo | 3 | 8 | -62.5% | $165,000 | $106,000 | 55.7% |
| St. Joseph | 27 | 23 | 17.4% | $164,000 | $148,500 | 10.4% |
| Dewey | 2 | 5 | -60% | $153,950 | $261,000 | -41% |
| Champaign | 366 | 552 | -33.7% | $149,900 | $140,000 | 7.1% |
| Urbana | 156 | 241 | -35.3% | $148,250 | $115,000 | 28.9% |
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