Willie J. Smith Jr. and Deseree Smith buy 7063 Lake Road, North Madison

The home at 7063 Lake Road, North Madison, was sold on June 10 by Sherrie A. Unterwagner for $200,000.

Willie J. Smith Jr. and Deseree Smith were listed as the buyers.

Property taxes on the home totaled $3,410 in 2022, or 1.7% of the sale price.

This property is one of 15 sales in North Madison, Lake County, between May 10 and June 10.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.