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Lake County Gazette

Tuesday, April 16, 2024

Q4 real estate sales report: Beach Park

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Median prices rose in Beach Park over last year, and are down 0.6 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 53 homes sold in Beach Park for a median price of $193,000. That's 26.2 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Beach Park was in foreclosure.

Median property tax for homeowners in Beach Park was $4,778.11 in 2017 according to tax data from that year. That means homeowners pay 3.1 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Beach Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
40
$194,220
-
2010
29
$204,060
5.1%
2011
24
$151,499
-25.8%
2012
39
$151,510
0%
2013
37
$153,900
1.6%
2014
37
$135,150
-12.2%
2015
38
$143,630
6.3%
2016
47
$151,200
5.3%
2017
47
$152,898
1.1%
2018
53
$193,000
26.2%

Median property tax
Median sale price
Effective property tax rate
2009
$4,281
$194,220
2.2%
2010
$3,902.48
$204,060
1.9%
2011
$4,435.99
$151,499
2.9%
2012
$4,782.59
$151,510
3.2%
2013
$5,578.77
$153,900
3.6%
2014
$4,998.43
$135,150
3.7%
2015
$4,813.29
$143,630
3.4%
2016
$5,496.09
$151,200
3.6%
2017
$4,778.10
$152,898
3.1%

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