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South Central Reporter

Thursday, May 2, 2024

Q1 real estate sales report: Lake Ka-Ho

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Median prices declined in Lake Ka-Ho over last year, and are down 95.1 percent over 7 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 1 home sold in Lake Ka-Ho for a price of $1,500. That's 95.1 percent lower than median home sale prices for the first quarter of 2017.

In the first quarter, there were no foreclosures in Lake Ka-Ho.

Median property tax for homeowners in Lake Ka-Ho was $767.06 in 2017 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.

Lake Ka-Ho real estate: Q1 2012-2018
Properties sold
Median sale price
Change in sale price
2012
2
$30,793
-
2017
1
$30,600
-0.6%
2018
1
$1,500
-95.1%

Median property tax
Median sale price
Effective property tax rate
2017
$767.06
$30,600
2.5%

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