Rising home prices in Lake in the Hills in January 2021

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The median sale price of a home sold in January 2021 in Lake in the Hills rose by $73,000 while total sales increased by 69%, according to BlockShopper.com.

In January 2021, there were 49 homes sold, with a median sale price of $263,000 - a 38.4% increase over the $190,000 median sale price for the same period of the previous year. There were 29 homes sold in Lake in the Hills in January 2020.

The median sales tax in Lake in the Hills for the most recent year with available data, 2019, was $6,396, approximately 2.4% of the median home sale price for January 2021.

The following table compares Lake in the Hills to other McHenry County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Spring Grove102400%$354,000$244,00045.1%
Haegers Bend10-$320,000$0-
Oakwood Hills71600%$267,000$100,000167%
Lake in the Hills492969%$263,000$190,00038.4%
Fox River Grove45-20%$250,000$155,00061.3%
Crystal Lake764568.9%$235,000$210,00011.9%

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