Quantcast

Lake County Gazette

Thursday, April 18, 2024

Q1 real estate sales report: Gurnee

Re 8

Median prices rose in Gurnee over last year, and are down 26.7 percent over 10 years, adjusted for inflation, according to first quarter sales data collected by BlockShopper.com.

From January to March, 100 homes sold in Gurnee for a median price of $236,000. That's 15.7 percent higher than median home sale prices for the first quarter of 2017.

In the first quarter, 3 homes in Gurnee were in foreclosure.

Median property tax for homeowners in Gurnee was $5,984.52 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.

Gurnee real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
55
$321,750
-
2010
67
$239,400
-25.6%
2011
62
$171,647
-28.3%
2012
60
$174,455
1.6%
2013
77
$162,323
-7%
2014
93
$195,252
20.3%
2015
77
$184,440
-5.5%
2016
83
$194,250
5.3%
2017
105
$204,000
5%
2018
100
$236,000
15.7%

Median property tax
Median sale price
Effective property tax rate
2009
$6,896.30
$321,750
2.1%
2010
$5,921.38
$239,400
2.5%
2011
$5,584.79
$171,647
3.3%
2012
$5,824.25
$174,455
3.3%
2013
$5,910.58
$162,323
3.6%
2014
$5,935.24
$195,252
3%
2015
$5,517.25
$184,440
3%
2016
$6,558.37
$194,250
3.4%
2017
$5,984.52
$204,000
2.9%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS