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Lake County Gazette

Monday, May 13, 2024

Lake County home prices rose in 2022

Re 6

The median sale price of a home sold in 2022 in Lake County rose by $7,000 while total sales increased by 57.3%.

From January through December of 2022, there were 11,168 homes sold, with a median sale price of $315,000 - a 2.3% increase over the $308,000 median sale price for the same period of the previous year. There were 7,099 homes sold in Lake County in 2021.

The median sales tax in Lake County for the most recent year with available data, 2020, was $7,133 approximately 2.3% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Lake County from January 2021 to December 2022.

20212022$308000$308000$315000$315000

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