From January through December of 2018, there were 34 homes sold, with a median sale price of $189,250 - a 0.3% increase over the $188,750 median sale price for the previous year. There were 36 homes sold in Lake of the Woods in 2017.
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 2018.
The following table compares Lake of the Woods to other Champaign County cities with similar median sales prices in 2018:
City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Glover | 4 | 10 | -60% | $267,450 | $269,000 | -0.6% |
Savoy | 141 | 196 | -28.1% | $238,000 | $211,250 | 12.7% |
Mahomet | 207 | 304 | -31.9% | $227,500 | $215,000 | 5.8% |
Lake of the Woods | 34 | 36 | -5.6% | $189,250 | $188,750 | 0.3% |
Philo | 23 | 31 | -25.8% | $168,500 | $128,500 | 31.1% |
St. Joseph | 78 | 110 | -29.1% | $165,000 | $154,500 | 6.8% |
Dewey | 5 | 18 | -72.2% | $164,900 | $216,500 | -23.8% |
Champaign | 1,288 | 1,721 | -25.2% | $149,500 | $138,900 | 7.6% |
Sidney | 17 | 31 | -45.2% | $142,500 | $127,500 | 11.8% |
Tolono | 61 | 76 | -19.7% | $138,000 | $136,000 | 1.5% |
Urbana | 561 | 751 | -25.3% | $127,500 | $116,000 | 9.9% |