In April, the median sale price of a home in Lake County rose by $30,000 from the same period in the previous year, while total sales decreased by 37.6%, according to BlockShopper.com.
There were 393 homes sold in April, with a median sale price of $375,000 — an 8.7% increase over the $345,000 median sale price during the same period of the previous year. In comparison, 630 homes were sold in Lake County in April 2024.
Based on the latest available data from 2023, the median sales tax in Lake County was $8,543, which stands at 2.3% of April’s median home sale price.
The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.
“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.
The following histogram displays changes in median sales prices in Lake County from April 2024 to April 2025.
