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Monday, August 4, 2025

Lake of the Woods home prices fall in 2019

Webp re 3

The median sale price of a home sold in 2019 in Lake of the Woods fell by $38,819 while total sales decreased by 88.2%, according to BlockShopper.com.

From January through December of 2019, there were four homes sold, with a median sale price of $150,432 - a 20.5% decrease over the $189,250 median sale price for the previous year. There were 34 homes sold in Lake of the Woods in 2018.

The median sales tax in Lake of the Woods for the most recent year with available data, 2018, was $3,352, approximately 2.2% of the median home sale price for 2019.

The following table compares Lake of the Woods to other Champaign County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Mahomet27207-87%$239,900$227,5005.5%
Homer131-96.8%$225,000$98,000129.6%
Pesotum113-92.3%$185,000$110,00068.2%
St. Joseph778-91%$168,900$165,0002.4%
Gifford315-80%$152,000$122,17524.4%
Lake of the Woods434-88.2%$150,431.50$189,250-20.5%
Philo623-73.9%$147,500$168,500-12.5%
Fisher234-94.1%$147,500$127,50015.7%
Urbana82561-85.4%$139,000$127,5009%
Champaign1551,288-88%$138,000$149,500-7.7%
Tolono661-90.2%$129,125$138,000-6.4%

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