From July to September, 10 homes sold in Lakewood Shores for a median price of $118,900. That's 24.6 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Lakewood Shores.
Median property tax for homeowners in Lakewood Shores was $2,610.14 in 2017 according to tax data from that year. That means homeowners pay 1.7 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Lakewood Shores real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$157,950
-
2010
7
$87,210
-44.8%
2011
6
$111,672
28%
2012
6
$76,682
-31.3%
2013
5
$94,136
22.8%
2014
10
$80,539
-14.4%
2015
3
$68,900
-14.5%
2016
6
$126,525
83.6%
2017
4
$157,590
24.6%
2018
10
$118,900
-24.6%
Median property tax
Median sale price
Effective property tax rate
2010
$2,421.61
$87,210
2.8%
2011
$2,503.69
$111,672
2.2%
2012
$2,236.95
$76,682
2.9%
2013
$3,237.25
$94,136
3.4%
2014
$2,532.06
$80,539
3.1%
2015
$2,591.82
$68,900
3.8%
2016
$2,477.79
$126,525
2%
2017
$2,610.13
$157,590
1.7%
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