From January through March of 2019, there were three homes sold, with a median sale price of $97,863 - a 46.4% decrease over the $182,450 median sale price for the same period of the previous year. There were six homes sold in Lake of the Woods in the first quarter of 2018.
The median sales tax in Lake of the Woods for the most recent year with available data, 2017, was $3,175, approximately 3.2% of the median home sale price for the first quarter of 2019.
The following table compares Lake of the Woods to other Champaign County cities with similar median sales prices in the first quarter of 2019:
| City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| St. Joseph | 7 | 9 | -22.2% | $168,900 | $176,000 | -4% |
| Philo | 5 | 5 | 0% | $165,000 | $112,500 | 46.7% |
| Gifford | 1 | 0 | - | $162,500 | $0 | - |
| Fisher | 2 | 5 | -60% | $147,500 | $89,500 | 64.8% |
| Champaign | 120 | 232 | -48.3% | $138,000 | $154,500 | -10.7% |
| Tolono | 6 | 9 | -33.3% | $129,125 | $138,000 | -6.4% |
| Urbana | 64 | 97 | -34% | $128,450 | $129,000 | -0.4% |
| Lake of the Woods | 3 | 6 | -50% | $97,863 | $182,450 | -46.4% |
| Ivesdale | 3 | 0 | - | $85,000 | $0 | - |
| Rantoul | 12 | 29 | -58.6% | $59,075 | $84,000 | -29.7% |
| Ludlow | 1 | 0 | - | $10,000 | $0 | - |
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