From January through March of 2021, there were five homes sold, with a median sale price of $164,800 - a 10.1% increase over the $149,750 median sale price for the same period of the previous year. There were six homes sold in Heritage Lake in the first quarter of 2020.
The median sales tax in Heritage Lake for the most recent year with available data, 2019, was $4,395, approximately 2.7% of the median home sale price for the first quarter of 2021.
The following table compares Heritage Lake to other Tazewell County cities with similar median sale prices in the first quarter of 2021:
| City | Jan. - Mar. 2021 Home Sales | Jan. - Mar. 2020 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2021 Median Sales Price | Jan. - Mar. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Morton | 68 | 49 | 38.8% | $224,000 | $175,900 | 27.3% |
| Tremont | 15 | 11 | 36.4% | $205,000 | $186,000 | 10.2% |
| Washington | 82 | 70 | 17.1% | $170,950 | $174,250 | -1.9% |
| Delavan | 8 | 9 | -11.1% | $164,937.50 | $79,000 | 108.8% |
| Heritage Lake | 5 | 6 | -16.7% | $164,800 | $149,750 | 10.1% |
| Green Valley | 3 | 3 | 0% | $140,000 | $135,500 | 3.3% |
| Mackinaw | 12 | 7 | 71.4% | $137,950 | $125,000 | 10.4% |
| Minier | 12 | 4 | 200% | $137,450 | $136,125 | 1% |
| East Peoria | 98 | 84 | 16.7% | $121,250 | $110,750 | 9.5% |
| Hopedale | 6 | 4 | 50% | $104,750 | $219,250 | -52.2% |
| Marquette Heights | 14 | 5 | 180% | $101,000 | $88,500 | 14.1% |
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